A number of other equities analysts also recently commented on the stock. Royal Bank Of Canada reaffirmed an outperform rating and set a C$4.50 target price on shares of Sandvine in a research note on Friday, July 8th. Desjardins downgraded shares of Sandvine from a buy rating to a hold rating and set a C$2.25 target price on the stock. in a research note on Tuesday, September 13th. TD Securities reaffirmed a buy rating and set a C$4.50 target price on shares of Sandvine in a research note on Monday, July 11th. CIBC reduced their target price on shares of Sandvine from C$3.50 to C$3.00 in a research note on Tuesday, September 13th. Finally, National Bank Financial reaffirmed a sector perform market weight rating on shares of Sandvine in a research note on Monday, September 26th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of Buy and an average target price of C$3.56.
Shares of Sandvine (TSE:SVC) opened at 3.06 on Friday. The stock has a market cap of $407.10 million and a PE ratio of 12.39. Sandvine has a 52-week low of $2.27 and a 52-week high of $3.73. The company’s 50-day moving average is $3.17 and its 200-day moving average is $2.96.
Sandvine Corporation develops and markets Network Policy Control solutions for communications service providers. The Company’s Network Policy Control solutions consists a hardware platform and software modules that are bundled together to provide a system for broadband communications service providers to identify (video streams, such as Netflix, Voice over Internet Protocol traffic, such as Skype, or online gaming), report on and take action on the data traversing their networks.
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