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Spirent Communications ( (GB:SPT) ) just unveiled an announcement.
UBS Group AG’s trading book holdings in Spirent Communications PLC have fallen below the 5% threshold, exempting them from further reporting obligations. This change in holdings could impact Spirent’s shareholder structure and influence its market dynamics, although the immediate implications for stakeholders remain limited.
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, focusing on providing testing, assurance, and analytics solutions for networks and services. The company serves a global market, catering to network equipment manufacturers, service providers, and enterprises.
Average Trading Volume: 2,369,375
Technical Sentiment Signal: Buy
Current Market Cap: £1.11B
For a thorough assessment of SPT stock, go to TipRanks’ Stock Analysis page.
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