BidaskClub upgraded shares of Sierra Wireless (NASDAQ:SWIR) (TSE:SW) from a strong sell rating to a sell rating in a report published on Friday morning.
Several other equities research analysts also recently weighed in on SWIR. Zacks Investment Research raised shares of Sierra Wireless from a sell rating to a hold rating in a research note on Wednesday, September 20th. Howard Weil raised shares of Sierra Wireless to a sector perform rating and set a $23.00 target price on the stock in a research note on Thursday, September 21st. They noted that the move was a valuation call. Scotiabank raised shares of Sierra Wireless from an underperform rating to a sector perform rating and set a $28.25 target price on the stock in a research note on Thursday, September 21st. BMO Capital Markets reaffirmed a hold rating and set a $26.00 target price on shares of Sierra Wireless in a research note on Monday, November 6th. Finally, Northland Securities reaffirmed a hold rating and set a $26.00 target price on shares of Sierra Wireless in a research note on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $26.95.
Sierra Wireless (SWIR) traded down $0.30 during trading on Friday, hitting $20.70. 336,300 shares of the stock were exchanged, compared to its average volume of 300,180. Sierra Wireless has a twelve month low of $15.75 and a twelve month high of $31.95. The stock has a market cap of $666.95, a P/E ratio of 29.15 and a beta of 3.17. The company has a quick ratio of 1.54, a current ratio of 1.92 and a debt-to-equity ratio of 0.09.
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.
Receive News & Ratings for Sierra Wireless Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Wireless and related companies with MarketBeat.com's FREE daily email newsletter.