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MiX Telematics (MIXT) Receives a Buy from William Blair

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William Blair analyst Bhavan Suri maintained a Buy rating on MiX Telematics (MIXTResearch Report) today. The company’s shares closed last Thursday at $12.51.

According to TipRanks.com, Suri is a 5-star analyst with an average return of 28.5% and a 66.2% success rate. Suri covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Clearwater Analytics Holdings, and Qualtrics International.

The the analyst consensus on MiX Telematics is currently a Moderate Buy rating.

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MiX Telematics Ltd. engages in the provision of fleet and mobile asset management solutions. It focuses on the following industries: fast moving consumer goods, utilities, security, construction, transport and distribution, emergency services, government, rental and leasing, mining, oil and gas, and public transport. The company was founded by Stefan Joselowitz in 1996 and is headquartered in Midrand, South Africa.

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