Robert W. Baird Reaffirms Their Buy Rating on Sequans Communications S A (SQNS)

In a report released today, Tristan Gerra from Robert W. Baird reiterated a Buy rating on Sequans Communications S A (SQNSResearch Report). The company’s shares opened today at $3.76.

According to TipRanks, Gerra is a 5-star analyst with an average return of 9.7% and a 52.07% success rate. Gerra covers the Technology sector, focusing on stocks such as Intel, Nvidia, and Advanced Micro Devices.

Currently, the analyst consensus on Sequans Communications S A is a Strong Buy with an average price target of $7.50.

See the top stocks recommended by analysts >>

Based on Sequans Communications S A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $14.22 million and a GAAP net loss of $3.19 million. In comparison, last year the company earned a revenue of $12.86 million and had a GAAP net loss of $1.32 million

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.

Sequans Communications SA engages in the designs, development, and supply of 4G LTE semiconductor solutions for wireless mobile broadband and internet of things applications, with a specific focus on the single-mode device market. Its solutions include high speed LTE, ultra large cell range, non 3GPP frequencies, LTE for satellite, streamrichLTE customer devices, colibri LTE cat 4 platform, and calliope LTEcat M1/NB1 platform. The company was founded by Georges Karam and Bertrand Debray in September 2003 and is headquartered in Paris, France.

Read More on SQNS:

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