Spirent Communications (LON:SPT) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Spirent Communications (LON:SPT - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Marketbeat reports. They currently have a GBX 225 ($2.82) price target on the stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 31.58% from the stock's previous close.

SPT has been the topic of a number of other research reports. Canaccord Genuity Group upgraded shares of Spirent Communications to a "speculative buy" rating and set a GBX 199 ($2.49) target price on the stock in a research note on Wednesday, August 7th. JPMorgan Chase & Co. dropped their target price on shares of Spirent Communications from GBX 344 ($4.31) to GBX 321 ($4.02) and set an "overweight" rating on the stock in a research note on Monday, September 16th.

Spirent Communications Stock Up 0.4 %

SPT stock traded up GBX 0.70 ($0.01) on Friday, reaching GBX 171 ($2.14). 722,271 shares of the company traded hands, compared to its average volume of 3,877,978. The company has a market cap of £977.86 million, a P/E ratio of 8,550.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. Spirent Communications has a one year low of GBX 102.30 ($1.28) and a one year high of GBX 203.80 ($2.55). The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. The firm has a fifty day simple moving average of GBX 171.64 and a 200-day simple moving average of GBX 177.46.

About Spirent Communications

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