Sierra Wireless’ (SW) “Sector Perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) in a report published on Wednesday, reports. Royal Bank Of Canada currently has a C$21.00 price target on the stock.

Sierra Wireless (TSE:SW) opened at 32.04 on Wednesday. The company has a 50 day moving average price of $22.66 and a 200-day moving average price of $20.29. The company’s market cap is $1.02 billion. Sierra Wireless has a 12 month low of $13.57 and a 12 month high of $33.00.

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In other Sierra Wireless news, insider Sierra Wireless, Inc. acquired 12,000 shares of Sierra Wireless stock in a transaction on Monday, January 9th. The stock was purchased at an average price of C$16.30 per share, for a total transaction of C$195,600.00. Also, insider David Gordon Mclennan sold 2,526 shares of the company’s stock in a transaction on Wednesday, February 8th. The shares were sold at an average price of C$23.87, for a total value of C$60,295.62. Insiders have purchased 70,817 shares of company stock valued at $1,162,881 in the last quarter.

Sierra Wireless Company Profile

Sierra Wireless, Inc offers second generation (2G), third generation (3G) and fourth generation (4G) cellular embedded wireless modules and gateways. The Company offers products to original equipment manufacturers (OEMs) and enterprises. It operates through three segments: OEM Solutions, Enterprise Solutions, and Cloud and Connectivity Services.

Stock Target Prices

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