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 released on Friday morning, Marketbeat reports. The firm currently has a GBX 225 ($2.83) target price on the stock.

A number of other research firms have also weighed in on SPT. Canaccord Genuity Group upgraded shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.51) price objective on the stock in a research note on Wednesday, August 7th. JPMorgan Chase & Co. lowered their price target on shares of Spirent Communications from GBX 344 ($4.33) to GBX 321 ($4.04) and set an “overweight” rating on the stock in a report on Monday, September 16th.

Spirent Communications Stock Up 0.4 %

LON:SPT opened at GBX 171 ($2.15) on Friday. The firm has a market capitalization of £977.86 million, a P/E ratio of 8,550.00, a PEG ratio of 5.73 and a beta of 0.57. Spirent Communications has a 1-year low of GBX 102.30 ($1.29) and a 1-year high of GBX 203.80 ($2.57). The company’s fifty day moving average price is GBX 171.64 and its 200-day moving average price is GBX 177.34. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95.

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.