Spirent Communications Stock Rating Reaffirmed by Panmure Gordon (SPT)

Panmure Gordon reissued their buy rating on shares of Spirent Communications (LON: SPT) in a research report released on Tuesday morning. Panmure Gordon currently has a $2.91 (192 GBX) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Spirent Communications from $2.58 to $2.99 in a research note to investors on Thursday, February 21st. They now have a buy rating on the stock. Separately, analysts at N+1 Singer downgraded shares of Spirent Communications to a buy rating in a research note to investors on Wednesday, February 20th. They now have a $2.56 price target on the stock. Finally, analysts at Deutsche Bank downgraded shares of Spirent Communications to a hold rating in a research note to investors on Monday, January 14th. They now have a $2.50 price target on the stock.

Spirent Communications traded down 1.79% on Tuesday, hitting GBX 164.20. Spirent Communications has a 52-week low of GBX 134.10 and a 52-week high of GBX 177.165. The stock’s 50-day moving average is currently GBX 158.5. The company’s market cap is £1.079 billion.

Spirent Communications plc operates in the communications test and measurement industry. The Company is organized into three business segments: Performance Analysis, Service Assurance and Systems.

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