Spirent Communications (LON:SPT)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently commented on the company. Barclays reissued an “equal weight” rating on shares of Spirent Communications in a report on Friday, October 11th. UBS Group reaffirmed a “neutral” rating and issued a GBX 195 ($2.55) price objective (up previously from GBX 155 ($2.03)) on shares of Spirent Communications in a research note on Friday, November 1st. Finally, Canaccord Genuity cut Spirent Communications to a “hold” rating and increased their target price for the stock from GBX 200 ($2.61) to GBX 205 ($2.68) in a research report on Monday, September 30th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 184 ($2.40).
Shares of Spirent Communications stock opened at GBX 216 ($2.82) on Friday. Spirent Communications has a fifty-two week low of GBX 110.80 ($1.45) and a fifty-two week high of GBX 222 ($2.90). The company has a debt-to-equity ratio of 9.34, a quick ratio of 1.87 and a current ratio of 2.08. The company has a market capitalization of $1.32 billion and a P/E ratio of 22.98. The company has a fifty day moving average of GBX 207.02 and a 200 day moving average of GBX 180.24.
Spirent Communications Company Profile
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through Networks & Security, Lifecycle Service Assurance, and Connected Devices segments. 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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