Sandvine Co. (TSE:SVC) is set to issue its quarterly earnings data before the market opens on Thursday, October 6th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Shares of Sandvine Co. (TSE:SVC) opened at 2.86 on Tuesday. The stock has a market capitalization of $397.49 million and a PE ratio of 11.22. The company has a 50-day moving average of $3.26 and a 200-day moving average of $2.96. Sandvine Co. has a 12 month low of $2.27 and a 12 month high of $3.73.
A number of brokerages have recently commented on SVC. TD Securities reissued a “buy” rating and issued a C$4.25 target price on shares of Sandvine in a research note on Friday. National Bank Financial reissued a “sector perform market weight” rating on shares of Sandvine in a research note on Monday, September 26th. Scotiabank reissued an “outperform” rating and issued a C$3.50 target price on shares of Sandvine in a research note on Tuesday, September 13th. 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. Finally, CIBC cut their target price on shares of Sandvine from C$3.50 to C$3.00 in a research note on Tuesday, September 13th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$3.50.
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.
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