Home » Reports » Spirent Communications Plc 24.7% Potential Decrease Indicated by Goldman Sachs

Spirent Communications Plc 24.7% Potential Decrease Indicated by Goldman Sachs

Spirent Communications Plc using EPIC/TICKER code (LON:SPT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ 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 187 GBX on its stock. This would imply the analyst believes there is a potential downside of -24.7% from today’s opening price of 248.5 GBX. Over the last 30 and 90 trading days the company share price has increased 0.5 points and increased 24.5 points respectively. The 1 year high for the stock price is 270.5 GBX while the year low share price is currently 146.81 GBX.

Spirent Communications Plc has a 50 day moving average of 251.28 GBX and a 200 Day Moving Average share price is recorded at 239.35. There are currently 611,741,888 shares in issue with the average daily volume traded being 1,221,434. Market capitalisation for LON:SPT is £1,541,589,557 GBP.

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