The target price for Spirent Communications (LON:SPT) was cut to GBX 321

Spirent Communications (LON:SPT – Get a free report) The price target was lowered by investment analysts at JPMorgan Chase & Co. from GBX 344 ($4.54) to GBX 321 ($4.24) in a research note issued on Monday, Marketbeat.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective. suggests a potential upside of 86.63% from the current stock price.

Separately, Canaccord Genuity Group upgraded shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.63) price objective for the company in a research report on Wednesday, August 7th.

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Spirent Communications trade down 0.5%

LON SPT opened at GBX 172 ($2.27) on Monday. The company’s fifty day moving average is GBX 176.15, and its two hundred day moving average is GBX 181.98. Spirent Communications has a one year low of GBX 79.75 ($1.05) and a one year high of GBX 203.80 ($2.69). The firm has a market cap of £983.58 million, a PE ratio of 8,600.00, a P/E/G ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.26, a quick ratio of 1.95, and a current ratio of 1.82.

Spirent Communications Company Profile

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Spirent Communications plc provides automated testing and assurance solutions in the Americas, Asia Pacific, Europe, Middle East and Africa. The company operates through the Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides laboratory testing solutions for 5G mobile core networks and cellular and Wi-Fi devices, as well as live solutions.

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