Spirent Communications Given Buy Rating at Panmure Gordon (SPT)
Spirent Communications (LON: SPT)‘s stock had its “buy” rating reaffirmed by research analysts at Panmure Gordon in a report released on Wednesday. They currently have a $3.08 (206 GBX) target price on the stock.
Spirent Communications opened at 152.70 on Wednesday. Spirent Communications has a 1-year low of GBX 134.10 and a 1-year high of GBX 177.165. The stock’s 50-day moving average is currently GBX 158.5. The company’s market cap is £998.0 million.
A number of other firms have also recently commented on SPT. Analysts at Investec Securities cut their price target on shares of Spirent Communications from $2.78 to $2.63 in a research note to investors on Tuesday, March 5th. They now have a “buy” rating on the stock. Separately, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Spirent Communications in a research note to investors on Tuesday, March 5th. They now have a $2.48 price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Spirent Communications from $3.08 to $3.01 in a research note to investors on Monday, March 4th. They now have a “buy” rating on the stock.
Spirent Communications plc operates in the communications test and measurement industry. The Company is organized into three business segments: Performance Analysis, Service Assurance and Systems.
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