Today: Today, Eric G. Hutchinson invests in 314 by buying Spirent Communications Plc (SPT) Stock shares

Today, Eric G. Hutchinson invests in 314 by buying Spirent Communications Plc (SPT) Stock shares

Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson bought 314 shares of the company’s stock in a transaction that occurred on Thursday, November 24th. The shares were bought at an average price of GBX 79 ($0.98) per share, with a total value of £248.06 ($307.73).

Spirent Communications Plc (LON:SPT) opened at 78.00 on Tuesday. Spirent Communications Plc has a 1-year low of GBX 64.25 and a 1-year high of GBX 94.75. The stock’s market cap is GBX 476.27 million. The company has a 50-day moving average of GBX 82.45 and a 200 day moving average of GBX 82.11.

SPT has been the subject of a number of research reports. N+1 Singer restated a “buy” rating and set a GBX 103 ($1.28) target price on shares of Spirent Communications Plc in a research report on Thursday, November 3rd. Barclays PLC reiterated an “equal weight” rating and set a GBX 74 ($0.92) price objective on shares of Spirent Communications Plc in a research report on Monday, October 17th. Numis Securities Ltd lowered shares of Spirent Communications Plc to a “hold” rating and lowered their price objective for the company from GBX 105 ($1.30) to GBX 90 ($1.12) in a research report on Tuesday, November 8th. Liberum Capital reiterated a “hold” rating and set a GBX 90 ($1.12) price objective on shares of Spirent Communications Plc in a research report on Tuesday, August 2nd. Finally, Citigroup Inc. increased their price objective on shares of Spirent Communications Plc from GBX 82 ($1.02) to GBX 95 ($1.18) and gave the company a “neutral” rating in a research report on Wednesday, August 10th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 87.60 ($1.09).

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