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Spirent Communications Plc 7.6% Potential Decrease Indicated by Barclays Capital

Spirent Communications Plc using EPIC/TICKER code (LON:SPT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Spirent Communications Plc are listed in the Technology sector within UK Main Market. Barclays Capital have set a target price of 130 GBX on its stock. This would imply the analyst believes there is a potential downside of -7.6% from the opening price of 140.66 GBX. Over the last 30 and 90 trading days the company share price has increased 25.26 points and increased 21.86 points respectively. The 52 week high for the share price is currently at 147.8 GBX while the year low stock price is currently 93 GBX.

Spirent Communications Plc has a 50 day moving average of 123.29 GBX and a 200 day moving average of 122.28. There are currently 776,699,681 shares in issue with the average daily volume traded being 1,390,284. Market capitalisation for LON:SPT is £860,109,131 GBP.