NXP Semiconductors PT Raised to $45.00 (NXPI)
Analysts at Susquehanna boosted their target price on shares of NXP Semiconductors (NASDAQ:NXPI) from $40.00 to $45.00 in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports. The firm currently has a “positive” rating on the stock. Susquehanna’s target price would suggest a potential upside of 20.56% from the stock’s previous close.
Shares of NXP Semiconductors (NASDAQ:NXPI) traded up 1.90% on Thursday, hitting $37.325. 3,014,553 shares of the company’s stock traded hands. NXP Semiconductors has a 52 week low of $20.57 and a 52 week high of $39.46. The stock has a 50-day moving average of $37.50 and a 200-day moving average of $32.51. The company has a market cap of $9.296 billion and a price-to-earnings ratio of 96.90.
Several other analysts have also recently commented on the stock. Analysts at Sterne Agee raised their price target on shares of NXP Semiconductors from $41.00 to $45.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares of NXP Semiconductors from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $41.70 price target on the stock. Finally, analysts at Pacific Crest initiated coverage on shares of NXP Semiconductors in a research note to investors on Friday, October 4th. They set an “outperform” rating and a $45.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. NXP Semiconductors currently has an average rating of “Buy” and an average price target of $41.02.
NXP Semiconductors N.V. (NASDAQ:NXPI) is a global semiconductor company and a supplier.
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