Wolfson Microelectronics Given New GBX 140 Price Target at Goldman Sachs Group Inc. (WLF)
Investment analysts at Goldman Sachs Group Inc. reduced their price target on shares of Wolfson Microelectronics (LON:WLF) from GBX 160 ($2.59) to GBX 140 ($2.26) in a note issued to investors on Tuesday, Analyst RN reports. The firm currently has a “sell” rating on the stock. Goldman Sachs Group Inc.’s price target points to a potential downside of 5.88% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Wolfson Microelectronics in a research note to investors on Tuesday. Separately, analysts at Nplus1 Brewin downgraded shares of Wolfson Microelectronics to a “hold” rating in a research note to investors on Monday. They now have a GBX 156 ($2.52) price target on the stock, down previously from GBX 170 ($2.75). Finally, analysts at N+1 Singer downgraded shares of Wolfson Microelectronics to a “hold” rating in a research note to investors on Monday. They now have a GBX 156 ($2.52) price target on the stock, down previously from GBX 170 ($2.75). Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Wolfson Microelectronics has an average rating of “Hold” and a consensus price target of GBX 154.63 ($2.50).
Wolfson Microelectronics (LON:WLF) traded down 0.50% during mid-day trading on Tuesday, hitting GBX 148.75. 6,762 shares of the company’s stock traded hands. Wolfson Microelectronics has a one year low of GBX 135.50 and a one year high of GBX 229.00. The stock has a 50-day moving average of GBX 164.0 and a 200-day moving average of GBX 173.5. The company’s market cap is £173.6 million.
Wolfson Microelectronics plc (LON:WLF) is a semiconductor company.
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