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Investment analysts at RBC Capital boosted their price target on shares of Texas Instruments Incorporated (NYSE:TXN) from $37.00 to $43.00 in a note issued to investors on Wednesday, American Banking reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price objective suggests a potential downside of 1.94% from the stock’s previous close.

A number of other analysts have also recently weighed in on TXN. Analysts at Nomura downgraded shares of Texas Instruments Incorporated from a “neutral” rating to a “reduce” rating in a research note to investors on Thursday, December 12th. They now have a $33.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Texas Instruments Incorporated in a research note to investors on Wednesday, December 11th. They now have a $46.00 price target on the stock. Finally, analysts at MKM Partners raised their price target on shares of Texas Instruments Incorporated from $33.00 to $40.00 in a research note to investors on Tuesday, December 10th. They now have a “neutral” rating on the stock. Four investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eight have issued a buy rating to the company. Texas Instruments Incorporated presently has a consensus rating of “Hold” and a consensus price target of $39.04.

Shares of Texas Instruments Incorporated (NYSE:TXN) opened at 43.85 on Wednesday. Texas Instruments Incorporated has a one year low of $32.19 and a one year high of $44.09. The stock’s 50-day moving average is $43.08 and its 200-day moving average is $40.76. The company has a market cap of $47.997 billion and a price-to-earnings ratio of 25.74. Texas Instruments Incorporated also was the target of unusually large options trading on Tuesday. Traders purchased 13,426 call options on the company. This represents an increase of 498% compared to the average daily volume of 2,245 call options.

Texas Instruments Incorporated (NYSE:TXN) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $0.46 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.46. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Analysts expect that Texas Instruments Incorporated will post $1.93 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, February 10th. Stockholders of record on Friday, January 31st will be given a dividend of 0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend is Wednesday, January 29th.

Texas Instruments Inc (NYSE:TXN) designs and makes semiconductors that the Company sells to electronics designers and manufacturers all over the world.

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