Equities researchers at Goldman Sachs dropped their target price on shares of Spirent Communications (LON: SPT) from $3.08 (205 GBX) to $3.01 (200 GBX) in a report issued on Monday. The firm currently has a “buy” rating on the stock.

Spirent Communications opened at 151.77 on Monday. 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 £992.6 million.

A number of other firms have also recently commented on SPT. Analysts at JP Morgan Cazenove raised their price target on shares of Spirent Communications from $2.30 to $2.37 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Spirent Communications from $2.78 to $2.70 in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of Spirent Communications from $2.32 to $2.40 in a research note to investors on Friday. They now have a “neutral” 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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