Wolfson Microelectronics plc Price Target Lowered to GBX 110 at FinnCap (WLF)
FinnCap reduced their price target on shares of Wolfson Microelectronics plc (LON:WLF) from GBX 120 ($2.01) to GBX 110 ($1.84) in a research note issued on Monday, Analyst Ratings.Net reports. The firm currently has a “sell” rating on the stock. FinnCap’s target price points to a potential downside of 16.03% from the stock’s previous close.
Wolfson Microelectronics plc (LON:WLF) opened at 130.50 on Monday. Wolfson Microelectronics plc has a 52-week low of GBX 109.00 and a 52-week high of GBX 229.00. The stock’s 50-day moving average is GBX 138.8 and its 200-day moving average is GBX 149.4. The company’s market cap is £152.4 million.
WLF has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Wolfson Microelectronics plc in a research note on Thursday, February 6th. They now have a GBX 150 ($2.51) price target on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of Wolfson Microelectronics plc from GBX 150 ($2.51) to GBX 136 ($2.28) in a research note on Thursday, February 6th. They now have a “neutral” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Wolfson Microelectronics plc in a research note on Wednesday, February 5th. They now have a GBX 200 ($3.35) price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Wolfson Microelectronics plc has an average rating of “Hold” and an average price target of GBX 156.18 ($2.62).
Wolfson Microelectronics plc (LON:WLF) is a semiconductor company.
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