Sangoma Technologies (STC) Gets a Buy Rating from Cormark Securities

The Consumer Goods sector company, Sangoma Technologies (STC), has received a rating update from a Wall Street analyst today. Cormark Securities’ analyst Gavin Fairweather reiterates their Buy rating on the shares, with a C$2.40 price target.

Fairweather has an average return of 42.3% when recommending Sangoma Technologies.

According to, Fairweather is ranked #3008 out of 5167 analysts.

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Sangoma Technologies has an analyst consensus of Moderate Buy, with a price target consensus of C$2.45.

The company has a one-year high of C$1.65 and a one-year low of C$0.83. Currently, Sangoma Technologies has an average volume of 54.19K.

Sangoma Technologies Corp. engages in the provision of hardware and software components that enable or enhance Internet Protocol Communications Systems for both telecom and datacom applications. Its products include PBX platforms, cloud services, phones, telephony cards, session border controllers, VoIP gateways, and telecom accessories and cables.

The company’s shares closed on Friday at C$1.79.

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