Spirent Communications’ (SPT) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Spirent Communications (LON:SPT) in a research report sent to investors on Friday, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 225 ($2.82) target price on the stock.

Several other equities research analysts also recently commented on SPT. JPMorgan Chase & Co. reduced their target price on Spirent Communications from GBX 344 ($4.31) to GBX 321 ($4.02) and set an “overweight” rating for the company in a report on Monday, September 16th. Canaccord Genuity Group raised shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.49) price objective for the company in a research note on Wednesday, August 7th.

Spirent Communications Price Performance

LON SPT opened at GBX 171 ($2.14) on Friday. The stock has a market capitalization of £977.86 million, a P/E ratio of 8,550.00, 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. The business’s fifty day moving average is GBX 171.70 and its two-hundred day moving average is GBX 177.61. Spirent Communications has a 1 year low of GBX 102.30 ($1.28) and a 1 year high of GBX 203.80 ($2.55).

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.