A number of other analysts have also recently issued reports on SVC. TD Securities reissued a buy rating and set a C$4.50 price objective on shares of Sandvine in a research report on Tuesday, July 5th. CIBC lifted their price objective on Sandvine from C$3.25 to C$3.50 in a research report on Friday, July 8th. Royal Bank Of Canada restated an outperform rating and set a C$4.50 target price on shares of Sandvine in a report on Friday, July 8th. Desjardins restated a buy rating and set a C$3.80 target price on shares of Sandvine in a report on Friday, July 8th. Finally, Scotiabank upgraded Sandvine from a sector perform rating to an outperform rating and set a C$3.50 target price on the stock in a report on Friday, July 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Sandvine has an average rating of Buy and a consensus price target of C$3.56.
Sandvine (TSE:SVC) opened at 3.08 on Friday. The stock has a market cap of $409.76 million and a P/E ratio of 12.47. Sandvine has a one year low of $2.27 and a one year high of $3.73. The company has a 50-day moving average price of $3.18 and a 200-day moving average price of $2.96.
Sandvine Company Profile
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.
Receive News & Ratings for Sandvine Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandvine Co. and related companies with MarketBeat.com's FREE daily email newsletter.