Spirent Communications PT Raised to $2.37 (SPT)
Equities researchers at JP Morgan Cazenove lifted their target price on shares of Spirent Communications (LON: SPT) from $2.30 (153 GBX) to $2.37 (158 GBX) in a report issued on Friday. The firm currently has a “neutral” rating on the stock.
Spirent Communications traded up 0.39% on Friday, hitting GBX 154.10. Spirent Communications has a 1-year low of GBX 104.40 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 £1.008 billion.
A number of other analysts have also recently weighed in on SPT. 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. Separately, 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. Finally, analysts at Citigroup reiterated a “buy” rating on shares of Spirent Communications in a research note to investors on Friday. They now have a $2.63 price target on the stock, down previously from $2.63.
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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