Spirent Communications Plc 22.1% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Spirent Communications Plc using EPIC/TICKER code (LON:SPT) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Spirent Communications Plc are listed in the Technology sector within UK Main Market. Barclays Capital have set a target price of 190 GBX on its stock. This would indicate that the analyst believes there is a downside of -22.1% from today’s opening price of 244 GBX. Over the last 30 and 90 trading days the company share price has increased 27.5 points and increased 44.6 points respectively. The 52 week high for the share price is currently at 253.5 GBX while the year low share price is currently 137 GBX.

Spirent Communications Plc has a 50 day moving average of 224.80 GBX and a 200 day moving average of 187.44. There are currently 796,142,302 shares in issue with the average daily volume traded being 1,585,522. Market capitalisation for LON:SPT is £1,409,353,580 GBP.

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