Sierra Wireless, Inc. (SWIR) Receives Average Rating of “Hold” from Analysts
Shares of Sierra Wireless, Inc. (NASDAQ:SWIR) (TSE:SW) have received an average recommendation of “Hold” from the seventeen research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $26.95.
Several brokerages have weighed in on SWIR. Zacks Investment Research raised Sierra Wireless from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. BidaskClub cut Sierra Wireless from a “sell” rating to a “strong sell” rating in a research note on Tuesday. Howard Weil raised Sierra Wireless to a “sector perform” rating and set a $23.00 price objective on the stock in a research note on Thursday, September 21st. They noted that the move was a valuation call. Scotiabank raised Sierra Wireless from an “underperform” rating to a “sector perform” rating and set a $28.25 price objective on the stock in a research note on Thursday, September 21st. Finally, BMO Capital Markets reissued a “hold” rating and set a $26.00 price objective on shares of Sierra Wireless in a research note on Monday, November 6th.
Shares of Sierra Wireless (NASDAQ SWIR) opened at $20.65 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.54 and a current ratio of 1.92. Sierra Wireless has a 52 week low of $15.55 and a 52 week high of $31.95. The firm has a market capitalization of $750.19, a P/E ratio of 19.40 and a beta of 3.17.
TRADEMARK VIOLATION NOTICE: “Sierra Wireless, Inc. (SWIR) Receives Average Rating of “Hold” from Analysts” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another site, it was stolen and republished in violation of US & international trademark and copyright law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/sierra-wireless-inc-swir-receives-average-rating-of-hold-from-analysts/1775417.html.
About Sierra Wireless
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.