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).