Sandvine Co. (TSE:SVC) has been assigned a C$4.50 price target by analysts at TD Securities in a research note issued on Tuesday, Market Beat reports. The brokerage currently has a a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 30.06% from the stock’s previous close.

Several other equities research analysts have also weighed in on the company. RBC Capital restated an “outperform” rating and set a C$4.30 price target on shares of Sandvine in a research report on Friday, October 9th. Salman Partners lifted their price target on Sandvine from C$3.00 to C$4.00 and gave the company a “buy” rating in a research report on Friday, December 11th. Finally, CIBC lifted their price target on Sandvine from C$3.00 to C$3.50 and gave the company a “sector perform” rating in a research report on Friday, January 8th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$4.12.

In other news, Director David Caputo sold 15,000 shares of the business’s stock in a transaction on Tuesday, December 1st. The stock was sold at an average price of C$2.81, for a total value of C$42,105.00. Also, insider Brad Siim sold 57,500 shares of the business’s stock in a transaction on Tuesday, January 26th. The stock was sold at an average price of C$3.51, for a total value of C$201,997.50.

Sandvine (TSE:SVC) traded down 0.87% on Tuesday, hitting $3.43. The stock had a trading volume of 591,646 shares. The firm has a 50-day moving average of $3.41 and a 200 day moving average of $2.99. Sandvine has a 52 week low of $2.22 and a 52 week high of $4.57. The company has a market capitalization of $495.77 million and a price-to-earnings ratio of 12.56.

Sandvine Corporation (TSE:SVC) is a Canada-based company, engaged in the development and marketing of network policy control solutions for high-speed, or broadband, Internet service providers. The Company products include Business Intelligence, Revenue Generation, Traffic Optimization and Network Security. The Company’s Network Policy Control solutions consists a hardware platform and software modules that are bundled together to provide a system for broadband Internet service providers to identify, report on and take action on the data traversing their networks. Policy Traffic Switch (PTS) is the Company’s hardware platform. The PTS product line includes three hardware models, the PTS 22000, PTS 24000, and PTS 32000. The Company also provides the PTS Virtual Series, which is a software-only version of the PTS functionality suitable for networks architected for Network Functions Virtualization (NFV) and Software Defined Networking (SDN).

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