Spirent Communications Plc 3.4% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Spirent Communications Plc with EPIC/TICKER (LON:SPT) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Spirent Communications Plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set a target price of 152 GBX on its stock. This now indicates the analyst believes there is a possible upside of 3.4% from today’s opening price of 147 GBX. Over the last 30 and 90 trading days the company share price has increased 28.6 points and increased 33 points respectively. The 1 year high share price is 149.8 GBX while the 52 week low for the stock is 93 GBX.

Spirent Communications Plc has a 50 day moving average of 126.78 GBX and a 200 Day Moving Average share price is recorded at 123.06. There are currently 611,741,888 shares in issue with the average daily volume traded being 1,459,052. Market capitalisation for LON:SPT is £913,942,343 GBP.

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    Spirent Communications plc reports strong Q4 growth in 2024 with $460M revenue, driven by market recovery and expansion in EMEA and North America.

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