Paula Bell Acquires 70 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 70 shares of Spirent Communications stock in a transaction on Tuesday, December 24th. The stock was acquired at an average price of GBX 177 ($2.23) per share, with a total value of £123.90 ($155.91).

Paula Bell also recently made the following trade(s):

• On Monday, November 25th, Paula Bell purchased 73 shares of Spirent Communications stock. The shares were bought at an average price of GBX 171 ($2.15) per share, with a total value of £124.83 ($157.08).
• On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The stock was bought at an average cost of GBX 172 ($2.16) per share, for a total transaction of £125.56 ($158.00).

Spirent Communications Trading Down 0.4 %

LON:SPT opened at GBX 177 ($2.23) on Friday. Spirent Communications plc has a 1 year low of GBX 102.30 ($1.29) and a 1 year high of GBX 203.80 ($2.56). The stock’s fifty day moving average price is GBX 173.74 and its two-hundred day moving average price is GBX 175.79. 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 company has a market cap of £1.01 billion, a P/E ratio of 8,850.00, a P/E/G ratio of 5.73 and a beta of 0.57.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SPT shares. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.50) price target on shares of Spirent Communications in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 225 ($2.83) target price on shares of Spirent Communications in a research report on Friday, November 22nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 199 ($2.50) price target on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on Spirent Communications from GBX 344 ($4.33) to GBX 321 ($4.04) and set an “overweight” rating for the company in a report on Monday, September 16th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Spirent Communications currently has a consensus rating of “Buy” and an average price target of GBX 236.80 ($2.98).

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.