tiprankstipranks
Trending News
More News >

Barclays Increases Stake in Spirent Communications to 8.1%

Story Highlights
  • Spirent Communications provides testing and analytics solutions for telecom networks.
  • Barclays PLC increased its voting rights in Spirent to 8.1%, indicating strategic interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barclays Increases Stake in Spirent Communications to 8.1%

Confident Investing Starts Here:

Spirent Communications ( (GB:SPT) ) just unveiled an update.

Spirent Communications has announced a change in the voting rights held by Barclays PLC, which has increased its stake to 8.1% from a previous 7.77%. This adjustment in voting rights, resulting from the acquisition or disposal of shares and financial instruments, indicates a strategic positioning by Barclays in Spirent, potentially impacting the company’s governance and stakeholder dynamics.

The most recent analyst rating on (GB:SPT) stock is a Buy with a £2.25 price target. To see the full list of analyst forecasts on Spirent Communications stock, see the GB:SPT Stock Forecast page.

More about Spirent Communications

Spirent Communications PLC is a UK-based company operating in the telecommunications industry, providing testing, assurance, and analytics solutions for next-generation devices and networks. The company focuses on ensuring the performance and security of communication networks and services.

Average Trading Volume: 2,783,846

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.11B

For detailed information about SPT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App