Spirent Communications Plc (LON:SPT)‘s stock had its “hold” rating reissued by stock analysts at Liberum Capital in a research note issued to investors on Tuesday. They presently have a GBX 90 ($1.20) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 8.11% from the stock’s current price.
Several other brokerages also recently issued reports on SPT. Barclays PLC reissued an “equal weight” rating and set a GBX 74 ($0.99) price target on shares of Spirent Communications Plc in a report on Wednesday, July 6th. Panmure Gordon reissued a “buy” rating and set a GBX 120 ($1.60) price target on shares of Spirent Communications Plc in a report on Tuesday, April 12th. Canaccord Genuity reissued a “hold” rating and set a GBX 76 ($1.01) price target on shares of Spirent Communications Plc in a report on Tuesday, June 7th. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Spirent Communications Plc in a report on Friday, May 20th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 85.36 ($1.14).
Spirent Communications Plc (LON:SPT) traded down 2.06% during midday trading on Tuesday, hitting GBX 83.25. 1,878,470 shares of the company’s stock traded hands. Spirent Communications Plc has a 52 week low of GBX 64.25 and a 52 week high of GBX 94.75. The company has a 50 day moving average of GBX 86.82 and a 200-day moving average of GBX 83.42. The company’s market capitalization is GBX 508.32 million.

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The business also recently disclosed a dividend, which was paid on Friday, September 9th. Shareholders of record on Thursday, August 11th were issued a dividend of GBX 1.27 ($0.02) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 1.48%.
In related news, insider Hutchinson,Eric G acquired 278 shares of the business’s stock in a transaction on Wednesday, August 24th. The shares were purchased at an average price of GBX 90 ($1.20) per share, for a total transaction of £250.20 ($333.24). Also, insider Maxwell,Tom acquired 20,000 shares of the business’s stock in a transaction on Wednesday, June 29th. The shares were bought at an average price of GBX 77 ($1.03) per share, for a total transaction of £15,400 ($20,511.45).
Spirent Communications Plc Company Profile
Spirent Communications plc (Spirent) is a provider of test methodologies and solutions for data communications. The Company operates through three segments: Networks & Applications, Wireless & Service Positioning and Service Assurance. The Networks & Applications segment develops solutions for functional, performance and security testing of various networks and applications that simulate real-world conditions in the lab, before a commercial launch and in the live network.

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