Sierra Wireless, Inc. (SW) Receives Average Rating of “Hold” from Brokerages
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) has earned a consensus rating of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$31.60.
A number of equities research analysts have recently weighed in on SW shares. TD Securities dropped their price objective on shares of Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a report on Friday, November 3rd. Raymond James Financial, Inc. raised shares of Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 price objective on the stock in a report on Monday.
Shares of Sierra Wireless (SW) opened at C$29.46 on Tuesday. Sierra Wireless has a 1-year low of C$19.65 and a 1-year high of C$43.16.
Sierra Wireless Company Profile
Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.
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