Blurbs

Raymond James Thinks MiX Telematics’ Stock is Going to Recover

Raymond James analyst Brian Peterson maintained a Buy rating on MiX Telematics (MIXTResearch Report) today and set a price target of $14.00. The company’s shares closed last Thursday at $7.50, close to its 52-week low of $6.75.

According to TipRanks.com, Peterson is a 5-star analyst with an average return of 18.9% and a 59.9% success rate. Peterson covers the Technology sector, focusing on stocks such as Qualtrics International, ZoomInfo Technologies, and Instructure Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MiX Telematics with a $14.00 average price target.

See today’s best-performing stocks on TipRanks >>

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on MIXT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos