Intersil Corp. Price Target Increased to $14.00 by Analysts at Deutsche Bank (ISIL)
Equities researchers at Deutsche Bank upped their target price on shares of Intersil Corp. (NASDAQ:ISIL) from $11.00 to $14.00 in a research report issued on Thursday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 25.56% from the stock’s previous close.
A number of other analysts have also recently weighed in on ISIL. Analysts at Zacks downgraded shares of Intersil Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $11.80 price target on the stock. Separately, analysts at B. Riley raised their price target on shares of Intersil Corp. to $13.00 in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Intersil Corp. from $14.00 to $15.00 in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. Intersil Corp. currently has a consensus rating of “Hold” and an average target price of $10.97.
Intersil Corp. (NASDAQ:ISIL) traded up 4.21% during mid-day trading on Thursday, hitting $11.15. 2,162,619 shares of the company’s stock traded hands. Intersil Corp. has a 52 week low of $6.31 and a 52 week high of $11.72. The stock has a 50-day moving average of $10. and a 200-day moving average of $9.32. The company’s market cap is $1.419 billion.
Intersil Corp. (NASDAQ:ISIL) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.03. The company had revenue of $152.64 million for the quarter, compared to the consensus estimate of $149.14 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Analysts expect that Intersil Corp. will post $0.53 EPS for the current fiscal year.
Intersil Corporation manufactures and markets analog, mixed-signal, and power management integrated circuits (NASDAQ:ISIL).
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