Published On: Wed, Oct 19th, 2016

Current Price Targets For MiX Telematics Limited (NYSE:MIXT)


Recently stock market analysts have updated their consensus ratings on shares of MiX Telematics Limited (NYSE:MIXT).

Most recent broker ratings

09/12/2016 – MiX Telematics Limited had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 9 price target on the stock.

05/27/2016 – MiX Telematics Limited was upgraded to “overweight” by analysts at First Analysis. They now have a USD 7 price target on the stock.

02/05/2016 – MiX Telematics Limited had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 7 price target on the stock.

05/01/2015 – MiX Telematics Limited was upgraded to “hold” by analysts at Zacks.

06/19/2014 – Midtown Partners began new coverage on MiX Telematics Limited giving the company a “strong-buy” rating. They now have a USD 16 price target on the stock.

MiX Telematics Limited has a 50 day moving average of 5.92 and a 200 day moving average of 5.03. The stock’s market capitalization is 194.13M, it has a 52-week low of 3.33 and a 52-week high of 6.78.

The share price of the company (NYSE:MIXT) was down -0.62% during the last trading session, with a high of 6.41 and the volume of MiX Telematics Limited shares traded was 7704.

MiX Telematics Limited is a South Africa-based provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to customers. The Company’s operating segments include Africa, Europe, Americas, Middle East and Australasia, Brazil and Central Services Organization. The Company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, risk management and security. The Company’s solutions include MiX Fleet Manager, which consists of an on-board computer, an online tracking and information portal, as well as access to fleet and driver reports and analytics; MiX SafeDrive provides In-Vehicle Monitoring Systems (IVMS) that monitor driver performance, identify unsafe behaviors and provide audible alerts; Matrix is focused on personal safety and consumer telematics through vehicle tracking-and-recovery products and services, and Beam-e, which is a wireless device that fits into vehicles, motorbikes or caravan.