Deutsche Bank Reiterates “Hold” Rating for Spirent Communications (LON:SPT)
Deutsche Bank reiterated their hold rating on shares of Spirent Communications (LON:SPT) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
SPT has been the topic of several other reports. UBS Group set a $36.00 target price on shares of Halliburton and gave the company a buy rating in a report on Tuesday, April 23rd. Canaccord Genuity boosted their target price on shares of TELUS from C$51.00 to C$52.00 in a report on Wednesday, May 1st. Liberum Capital reiterated a buy rating on shares of Bellway in a report on Tuesday, June 11th. Goldman Sachs Group upgraded shares of Arca Continental SAB de CV from a neutral rating to a buy rating in a report on Monday, March 11th. Finally, Jefferies Financial Group boosted their target price on shares of EXACT Sciences from $100.00 to $115.00 and gave the company a buy rating in a report on Wednesday, May 1st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 166.67 ($2.18).
LON:SPT opened at GBX 162 ($2.12) on Monday. The firm has a market cap of $991.02 million and a price-to-earnings ratio of 18.00. The company has a 50-day moving average price of GBX 155.25. Spirent Communications has a 1-year low of GBX 110.80 ($1.45) and a 1-year high of GBX 169 ($2.21).
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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