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).
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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