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

Spirent Communications (LON:SPT)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, Marketbeat.com reports. They currently have a GBX 225 ($2.82) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 31.58% from the company’s current price.

SPT has been the subject of several other research reports. Canaccord Genuity Group upgraded shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.49) price objective for the company in a research report on Wednesday, August 7th. JPMorgan Chase & Co. reduced their target price on shares of 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.

Spirent Communications Stock Up 0.4 %

Spirent Communications stock opened at GBX 171 ($2.14) on Friday. The company’s 50-day moving average price is GBX 171.64 and its two-hundred day moving average price is GBX 177.46. The stock has a market cap of £977.86 million, a price-to-earnings ratio of 8,550.00, a PEG ratio of 5.73 and a beta of 0.57. Spirent Communications has a 52 week low of GBX 102.30 ($1.28) and a 52 week high of GBX 203.80 ($2.55). The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.26.

Spirent Communications Company Profile

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.