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Spirent Communications Plc 6.3% Potential Decrease Indicated by Goldman Sachs

Spirent Communications Plc with EPIC/TICKER (LON:SPT) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ this morning 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 145 GBX on its stock. This is indicating the analyst believes there is a potential downside of -6.3% from the opening price of 154.8 GBX. Over the last 30 and 90 trading days the company share price has increased 7.8 points and increased 41.8 points respectively. The 52 week high for the share price is currently at 162 GBX while the 52 week low is 102 GBX.

Spirent Communications Plc has a 50 day moving average of 144.74 GBX and the 200 Day Moving Average price is recorded at 128.09. There are currently 611,741,888 shares in issue with the average daily volume traded being 2,472,447. Market capitalisation for LON:SPT is £901,707,505 GBP.