Spirent Communications (SPT) Earns Buy Rating from Liberum Capital

Liberum Capital reiterated their buy rating on shares of Spirent Communications (LON:SPT) in a research note issued to investors on Tuesday.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group boosted their target price on shares of Spirent Communications from GBX 140 ($1.83) to GBX 160 ($2.09) and gave the company a buy rating in a research note on Monday, August 6th. Canaccord Genuity reissued a buy rating and issued a GBX 175 ($2.29) target price on shares of Spirent Communications in a research note on Monday, October 1st. Finally, Deutsche Bank reissued a hold rating on shares of Spirent Communications in a research note on Friday, July 13th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Spirent Communications currently has an average rating of Buy and an average target price of GBX 145.25 ($1.90).

Shares of SPT stock opened at GBX 122.17 ($1.60) on Tuesday. Spirent Communications has a twelve month low of GBX 1.15 ($0.02) and a twelve month high of GBX 131 ($1.71).

In related news, insider Eric G. Hutchinson acquired 210 shares of the company’s stock in a transaction dated Friday, August 24th. The stock was bought at an average price of GBX 120 ($1.57) per share, with a total value of £252 ($329.28). Also, insider Eric G. Hutchinson acquired 311 shares of the company’s stock in a transaction dated Monday, September 24th. The shares were bought at an average cost of GBX 133 ($1.74) per share, with a total value of £413.63 ($540.48). In the last ninety days, insiders have bought 729 shares of company stock valued at $91,523.

Spirent Communications Company Profile

Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.

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Analyst Recommendations for Spirent Communications (LON:SPT)

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