The stock of Sandvine Corporation (TSE:SVC) is a huge mover today! About 95,520 shares traded hands. Sandvine Corporation (TSE:SVC) has risen 2.35% since March 14, 2016 and is uptrending. It has underperformed by 3.19% the S&P500.
The move comes after 5 months positive chart setup for the $419.49M company. It was reported on Oct, 19 by Barchart.com. We have $7.76 PT which if reached, will make TSE:SVC worth $637.62 million more.
Sandvine Corporation (TSE:SVC) Ratings Coverage
Out of 5 analysts covering Sandvine Corporation (TSE:SVC), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $4.70 is the highest target while $3 is the lowest. The $3.89 average target is 26.30% above today’s ($3.08) stock price. Sandvine Corporation has been the topic of 20 analyst reports since September 10, 2015 according to StockzIntelligence Inc. TD Securities maintained it with “Buy” rating and $4.50 target price in Friday, July 8 report. The firm earned “Outperform” rating on Friday, July 8 by Scotia Capital. The stock of Sandvine Corporation (TSE:SVC) earned “Buy” rating by Desjardins Securities on Friday, July 8. TD Securities maintained Sandvine Corporation (TSE:SVC) on Friday, October 7 with “Buy” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 9 report. The stock of Sandvine Corporation (TSE:SVC) has “Buy” rating given on Friday, October 7 by Desjardins Securities. The firm earned “Outperform” rating on Friday, October 7 by Scotia Capital. RBC Capital Markets maintained the shares of SVC in a report on Friday, July 8 with “Outperform” rating.
More notable recent Sandvine Corporation (TSE:SVC) news were published by: Marketwatch.com which released: “Sandvine Corp.” on April 24, 2011, also Fool.ca with their article: “Why Sandvine Corporation Shares Surged” published on April 10, 2014, Theglobeandmail.com published: “The Globe and Mail” on July 21, 2010. More interesting news about Sandvine Corporation (TSE:SVC) were released by: Seekingalpha.com and their article: “Sandvine Corp’s (SNVNF) CEO Dave Caputo on Q2 2016 Results – Earnings Call …” published on July 07, 2016 as well as Seekingalpha.com‘s news article titled: “Sandvine Corp’s (SNVNF) CEO David Caputo on Q1 2016 Results – Earnings Call …” with publication date: April 07, 2016.
Sandvine Corporation develops and markets Network Policy Control solutions for communications service providers. The company has a market cap of $419.49 million. 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 , report on and take action on the data traversing their networks. It has a 9.6 P/E ratio. The Company’s hardware platform, Policy Traffic Switch (PTS) product line includes over three hardware models, the PTS 22000, PTS 24000 and PTS 32000.
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