Spirent Communications (LON:SPT) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Spirent Communications (LON:SPT) in a report published on Friday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 225 ($2.82) price target on the stock.

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

Spirent Communications Stock Performance

Shares of SPT stock opened at GBX 171 ($2.14) on Friday. The business has a 50 day simple moving average of GBX 171.70 and a 200 day simple moving average of GBX 177.61. 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 market capitalization of £977.86 million, a price-to-earnings ratio of 8,550.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. Spirent Communications has a 12-month low of GBX 102.30 ($1.28) and a 12-month 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.