Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson acquired 242 shares of Spirent Communications stock in a transaction dated Monday, February 26th. The shares were bought at an average cost of GBX 103 ($1.42) per share, with a total value of £249.26 ($344.38).
Shares of Spirent Communications Plc (LON:SPT) opened at GBX 102.60 ($1.42) on Wednesday. The stock has a market capitalization of $627.65 and a price-to-earnings ratio of -2,565.00. Spirent Communications Plc has a 1-year low of GBX 1.15 ($0.02) and a 1-year high of GBX 130.25 ($1.80).
SPT has been the subject of several research reports. Liberum Capital reissued a “buy” rating and set a GBX 134 ($1.85) price objective on shares of Spirent Communications in a research note on Friday, November 10th. Barclays reissued an “equal weight” rating and set a GBX 100 ($1.38) price objective on shares of Spirent Communications in a research note on Friday, January 12th. Finally, Berenberg Bank reissued a “hold” rating on shares of Spirent Communications in a research note on Monday, November 20th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 125.80 ($1.74).
Spirent Communications Company Profile
Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.
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