Wolfson Microelectronics’s Neutral Rating Reaffirmed at JPMorgan Chase & Co. (WLF)
Wolfson Microelectronics (LON:WLF)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 150 ($2.47) price objective on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 17.42% from the stock’s previous close.
A number of other firms have also recently commented on WLF. Analysts at Citigroup Inc. cut their price target on shares of Wolfson Microelectronics from GBX 150 ($2.47) to GBX 136 ($2.24) in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Wolfson Microelectronics in a research note to investors on Wednesday. They now have a GBX 200 ($3.29) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Wolfson Microelectronics in a research note to investors on Wednesday. They now have a GBX 156 ($2.56) price target on the stock. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Wolfson Microelectronics presently has an average rating of “Hold” and a consensus target price of GBX 157.09 ($2.58).
Wolfson Microelectronics (LON:WLF) traded up 1.60% during mid-day trading on Thursday, hitting GBX 127.00. 331,700 shares of the company’s stock traded hands. Wolfson Microelectronics has a 52 week low of GBX 127.00 and a 52 week high of GBX 229.00. The stock’s 50-day moving average is GBX 140.6 and its 200-day moving average is GBX 150.3. The company’s market cap is £148.2 million.
Wolfson Microelectronics plc (LON:WLF) is a semiconductor company.
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