Sandvine Co. (TSE:SVC)‘s stock had its “buy” rating restated by TD Securities in a report released on Friday, reports. They currently have a C$4.25 price target on the stock. TD Securities’ price target would indicate a potential upside of 36.66% from the company’s previous close.

A number of other research firms have also recently commented on SVC. Royal Bank Of Canada raised their target price on Sandvine from C$4.00 to C$4.20 and gave the company an “outperform” rating in a research note on Friday. Canaccord Genuity raised their target price on Sandvine from C$3.75 to C$4.00 in a research note on Friday. Desjardins upgraded Sandvine from a “hold” rating to a “buy” rating in a research note on Friday. Scotiabank restated an “outperform” rating and issued a C$3.50 target price on shares of Sandvine in a research note on Friday. Finally, CIBC lowered their target price on Sandvine from C$3.50 to C$3.00 in a research note on Tuesday, September 13th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Sandvine presently has a consensus rating of “Buy” and an average target price of C$3.56.

Analyst Recommendations for Sandvine (TSE:SVC)

Shares of Sandvine (TSE:SVC) traded up 1.125% on Friday, reaching $3.145. The company’s stock had a trading volume of 673,505 shares. Sandvine has a 52-week low of $2.27 and a 52-week high of $3.73. The company has a market cap of $437.10 million and a price-to-earnings ratio of 12.333. The stock has a 50-day moving average of $3.22 and a 200 day moving average of $2.96.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

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.

Stock Target Prices

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's FREE daily email newsletter.