Mitel Networks Corporation (NASDAQ:MITL) Ratings Summary on Apr 20, 2018

April 20, 2018 - By Ashley Edward

Mitel Networks Corporation (NASDAQ:MITL) Corporate Logo

Mitel Networks Corporation (NASDAQ:MITL) Ratings Coverage

Total analysts of 3 have positions in Mitel Networks (NASDAQ:MITL) as follows: 1 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 33%. The firm has $14 highest while $9.5 is the lowest [Target]. The average target $11.75 is 15.88% above the last ($10.14) price. Since December 14, 2017 according to StockzIntelligence Inc Mitel Networks has 3 analyst reports. The stock rating was downgraded by National Bank Canada to “Hold” on Wednesday, April 11. On Friday, February 16 the firm has “Hold” rating by RBC Capital Markets given. Listed here are Mitel Networks Corporation (NASDAQ:MITL) PTs and latest ratings.

11/04/2018 Broker: National Bank Canada Rating: Hold Downgrade
16/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $9.5 Maintain
14/12/2017 Broker: Craig Hallum Rating: Buy New Target: $14 Initiates Coverage On

MITL reached $10.14 during the last trading session after $0.03 change.Mitel Networks Corporation has volume of 1.23M shares. Since April 20, 2017 MITL has risen 34.90% and is uptrending. The stock outperformed the S&P 500 by 23.35%.

Mitel Networks Corporation provides business communications and collaboration software, services, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.The firm is worth $1.22 billion. It operates through Cloud and Enterprise divisions.Last it reported negative earnings. The Cloud segment offers retail cloud services, which include UCC applications, voice and data telecommunications, and desktop devices that provide hosted cloud and related services directly to the end users under the MiCloud brand name.

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