Spirent Communications (LON:SPT)‘s stock had its “hold” rating reissued by stock analysts at Berenberg Bank in a research report issued on Monday, November 20th.

Other equities research analysts have also issued reports about the company. Liberum Capital reiterated a “buy” rating and issued a GBX 134 ($1.79) price objective on shares of Spirent Communications in a research note on Friday, November 10th. J P Morgan Chase & Co lowered their price objective on Spirent Communications from GBX 145 ($1.93) to GBX 140 ($1.87) and set a “buy” rating on the stock in a research note on Friday, September 8th. Jefferies Group lowered their price objective on Spirent Communications from GBX 145 ($1.93) to GBX 140 ($1.87) and set a “buy” rating on the stock in a research note on Friday, September 8th. Numis Securities reiterated a “buy” rating and issued a GBX 145 ($1.93) price objective on shares of Spirent Communications in a research note on Friday, August 4th. Finally, N+1 Singer reiterated a “hold” rating on shares of Spirent Communications in a research note on Thursday, August 3rd. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Spirent Communications currently has a consensus rating of “Hold” and an average price target of GBX 125.90 ($1.68).

Shares of Spirent Communications (LON:SPT) opened at GBX 98.25 ($1.31) on Monday. Spirent Communications has a 12 month low of GBX 75.75 ($1.01) and a 12 month high of GBX 130.25 ($1.74).

In other Spirent Communications news, insider Gary Bullard purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of GBX 95 ($1.27) per share, for a total transaction of £4,750 ($6,332.49). Also, insider Eric G. Hutchinson purchased 528 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The shares were acquired at an average price of GBX 96 ($1.28) per share, for a total transaction of £506.88 ($675.75). Over the last 90 days, insiders have purchased 6,046 shares of company stock worth $575,510.

ILLEGAL ACTIVITY WARNING: This piece of content was first reported by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/11/21/spirent-communications-plcs-spt-hold-rating-reaffirmed-at-berenberg-bank.html.

About Spirent Communications

Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.

Analyst Recommendations for Spirent Communications (LON:SPT)

Receive News & Ratings for Spirent Communications plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications plc and related companies with MarketBeat.com's FREE daily email newsletter.