Spirent Communications (LON:SPT) PT Lowered to GBX 321 at JPMorgan Chase & Co.

Spirent Communications (LON:SPT) had its price objective decreased by JPMorgan Chase & Co. from GBX 344 ($4.50) to GBX 321 ($4.20) in a report released on Monday, Digital Look reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 85.66% from the company’s current price.

Separately, Canaccord Genuity Group upgraded Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.60) price objective on the stock in a report on Wednesday, August 7th.

Spirent Communications Price Performance

LON SPT traded down GBX 1.10 ($0.01) during trading on Monday, reaching GBX 172.90 ($2.26). The company’s stock had a trading volume of 257,752 shares, compared to its average volume of 4,436,179. The firm has a fifty day moving average of GBX 176.30 and a 200 day moving average of GBX 181.49. The stock has a market capitalization of £988.73 million, a PE ratio of 8,645.00, a P/E/G ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. Spirent Communications has a one year low of GBX 79.75 ($1.04) and a one year high of GBX 203.80 ($2.67).

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.