Shares of Spirent Communications Plc (LON:SPT) have been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 207.14 ($2.72).

A number of equities research analysts recently weighed in on SPT shares. Canaccord Genuity upped their price target on Spirent Communications from GBX 205 ($2.70) to GBX 230 ($3.03) and gave the stock a “hold” rating in a report on Tuesday, January 14th. Goldman Sachs Group upped their target price on Spirent Communications from GBX 175 ($2.30) to GBX 180 ($2.37) and gave the company a “sell” rating in a research note on Tuesday, January 14th. Liberum Capital upped their target price on Spirent Communications from GBX 210 ($2.76) to GBX 238 ($3.13) and gave the company a “buy” rating in a research note on Friday, January 10th. UBS Group reaffirmed a “neutral” rating on shares of Spirent Communications in a research note on Tuesday, January 14th. Finally, Investec lowered Spirent Communications to a “sell” rating and upped their target price for the company from GBX 170 ($2.24) to GBX 200 ($2.63) in a research note on Tuesday, January 7th.

SPT opened at GBX 227.50 ($2.99) on Friday. The stock has a market cap of $1.39 billion and a P/E ratio of 24.20. The company has a debt-to-equity ratio of 9.34, a current ratio of 2.08 and a quick ratio of 1.87. The stock’s 50 day simple moving average is GBX 231.44 and its 200 day simple moving average is GBX 200.31. Spirent Communications has a 1-year low of GBX 137 ($1.80) and a 1-year high of GBX 253.50 ($3.33).

About Spirent Communications

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.

Read More: The limitations of an equal weight rating

Analyst Recommendations for Spirent Communications (LON:SPT)

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