Wolfson Microelectronics Stock Rating Lowered by Nplus1 Brewin (WLF)
Wolfson Microelectronics (LON:WLF) was downgraded by stock analysts at Nplus1 Brewin to a “hold” rating in a report issued on Monday, Analyst Ratings Net reports. They currently have a GBX 156 ($2.52) price target on the stock, down from their previous price target of GBX 170 ($2.75). Nplus1 Brewin’s price target indicates a potential upside of 6.12% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer downgraded shares of Wolfson Microelectronics to a “hold” rating in a research note to investors on Monday, October 21st. They now have a GBX 156 ($2.52) price target on the stock, down previously from GBX 170 ($2.75). Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Wolfson Microelectronics in a research note to investors on Tuesday, October 15th. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Wolfson Microelectronics in a research note to investors on Tuesday, October 15th. They now have a GBX 180 ($2.91) price target on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 154.63 ($2.50).
Wolfson Microelectronics (LON:WLF) traded down 1.67% during mid-day trading on Monday, hitting GBX 147.00. 53,979 shares of the company’s stock traded hands. Wolfson Microelectronics has a 52 week low of GBX 135.50 and a 52 week high of GBX 229.00. The stock’s 50-day moving average is GBX 164.0 and its 200-day moving average is GBX 173.5. The company’s market cap is £171.6 million.
Wolfson Microelectronics plc (LON:WLF) is a semiconductor company.
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