Are Analysts Bullish about Sandvine Corporation (TSE:SVC) after last week?

June 20, 2017 - By Linda Rogers

 Are Analysts Bullish about Sandvine Corporation (TSE:SVC) after last week?

Sandvine Corporation (TSE:SVC) Ratings Coverage

Among 6 analysts covering Sandvine Corporation (TSE:SVC), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sandvine Corporation had 32 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was upgraded by Scotia Capital on Friday, July 8 to “Outperform”. The rating was upgraded by National Bank Canada to “Outperform” on Monday, May 29. Scotia Capital maintained the shares of SVC in report on Friday, January 13 with “Outperform” rating. The stock of Sandvine Corporation (TSE:SVC) earned “Tender” rating by Desjardins Securities on Monday, May 29. As per Monday, May 29, the company rating was upgraded by TD Securities. The stock of Sandvine Corporation (TSE:SVC) earned “Hold” rating by TD Securities on Tuesday, December 13. The firm has “Buy” rating given on Friday, July 8 by TD Securities. On Friday, April 7 the stock rating was maintained by TD Securities with “Hold”. The firm has “Outperform” rating by Scotia Capital given on Friday, October 7. The firm has “Outperform” rating by RBC Capital Markets given on Friday, July 8. Below is a list of Sandvine Corporation (TSE:SVC) latest ratings and price target changes.

29/05/2017 Broker: Desjardins Securities Old Rating: Hold New Rating: Tender New Target: $3.71 Downgrade
29/05/2017 Broker: National Bank Canada Old Rating: Sector Perform New Rating: Outperform Old Target: $3.25 New Target: $4.50 Upgrade
29/05/2017 Broker: TD Securities Old Rating: Hold New Rating: Buy Old Target: $3.00 New Target: $4.50 Upgrade
29/05/2017 Broker: IBC Rating: Old Target: $3.00 New Target: $3.80 Target Up
07/04/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $3.80 New Target: $4.10 Target Up
07/04/2017 Broker: Scotia Capital Rating: Outperform Old Target: $3.00 New Target: $3.50 Target Up
07/04/2017 Broker: TD Securities Rating: Hold New Target: $3.00 Maintain
13/01/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $3.50 New Target: $3.25 Target Down
13/01/2017 Broker: Scotia Capital Rating: Outperform New Target: $3.00 Maintain
13/01/2017 Broker: TD Securities Rating: Hold New Target: $3.00 Maintain

About 5.96M shares traded or 794.21% up from the average. Sandvine Corporation (TSE:SVC) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Sandvine Corporation is engaged in research, design, manufacturing and sale of network policy control solutions for communications service providers. The company has market cap of $506.42 million. The Firm offers various solutions, including business intelligence, traffic optimization, cyber security, subscriber engagement, subscriber services and business services. It has a 36.44 P/E ratio. The Company’s products include Network Analytics, Network Demographics, Traffic Management, Transmission Control Protocol Accelerator, Network Security, OutReach, Usage Management, Cloud Services Policy Controller and Traffic Steering Engine.

More notable recent Sandvine Corporation (TSE:SVC) news were published by: Marketwatch.com which released: “3.82” on April 24, 2011, also Business.Financialpost.com with their article: “Sandvine Corp could sell for $4.50 per share to strategic buyer – TD” published on June 20, 2017, Business.Financialpost.com published: “Sandvine Corp downgraded to hold on ‘revenue volatility'” on December 12, 2016. More interesting news about Sandvine Corporation (TSE:SVC) were released by: Pehub.com and their article: “Vector Capital to acquire Waterloo’s Sandvine for C$483 mln” published on May 28, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Sandvine Corp to be acquired by Vector Capital” with publication date: May 26, 2017.

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