Spirent Communications plc (LON:SPT – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 191.60 ($2.55) and traded as high as GBX 198.60 ($2.64). Spirent Communications shares last traded at GBX 198.50 ($2.64), with a volume of 10,124,798 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lowered shares of Spirent Communications to a “hold” rating and set a GBX 199 target price for the company. in a research note on Monday, August 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 207.67.
Read Our Latest Analysis on SPT
Spirent Communications Price Performance
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.
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