RBC Capital analyst Paul Treiber maintained a Hold rating on Sierra Wireless (SWIR) on July 21 and set a price target of $9.00. The company’s shares closed last Thursday at $9.50.
According to TipRanks.com, Treiber is a 5-star analyst with an average return of 22.8% and a 76.9% success rate. Treiber covers the Technology sector, focusing on stocks such as Enghouse Systems, BlackBerry, and Celestica.
Sierra Wireless has an analyst consensus of Moderate Buy, with a price target consensus of $8.90.
See today’s analyst top recommended stocks >>
The company has a one-year high of $12.28 and a one-year low of $4.31. Currently, Sierra Wireless has an average volume of 262.7K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sierra Wireless, Inc. engages in the provision of device-to-cloud and networking solutions. It operates through the following segments: Original Equipment Manufacturers (OEM) Solutions; Enterprise Solutions; and Internet-of-Things Services (IoT). The OEM Solutions segment includes standards-based wireless technologies and support open source initiatives that enable OEMs and system integrators to get IoT solutions to market faster. The Enterprise Solutions segment focuses in networking solutions comprised of cellular gateways and routers that are complemented by cloud-based services and on-premise software for secure device and network management. The Internet-of-Things Services segment involves in digital transformation of enterprises through IoT cloud and connectivity services. The company was founded on May 31, 1993 and is headquartered in Richmond, Canada.
