Spirent Communications (OTCMKTS:SPMYY)‘s stock had its “neutral” rating restated by equities research analysts at UBS Group in a research report issued on Tuesday, The Fly reports.
Several other brokerages have also weighed in on SPMYY. Canaccord Genuity raised Spirent Communications from a “hold” rating to a “buy” rating in a research report on Tuesday, February 9th. Zacks Investment Research lowered Spirent Communications from a “buy” rating to a “hold” rating in a research report on Friday. Investec raised Spirent Communications from a “sell” rating to a “hold” rating in a research report on Monday, January 4th. Finally, Barclays reissued an “underweight” rating on shares of Spirent Communications in a research report on Thursday, January 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $14.00.
Shares of SPMYY remained flat at $$12.71 during trading hours on Tuesday. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 23.98 and a beta of 0.84. The business has a 50 day moving average price of $13.22 and a 200-day moving average price of $14.02. Spirent Communications has a twelve month low of $11.25 and a twelve month high of $15.95.
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through Networks & Security, Lifecycle Service Assurance, and Connected Devices segments. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.
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