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International Rectifier Corp. (NYSE: IRF) received a number of ratings updates from brokerages and research firms in the last week:

  • International Rectifier Corp. was upgraded by analysts at Goldman Sachs from a “sell” rating to a “neutral” rating. They now have a $31.00 price target on the stock.
  • International Rectifier Corp. was downgraded by analysts at Raymond James from a “strong-buy” rating to a “market perform” rating. They now have a $32.00 price target on the stock.
  • International Rectifier Corp. had its “average” rating reaffirmed by analysts at S&P Equity Research. They now have a $21.25 price target on the stock, up previously from $19.14.
  • International Rectifier Corp. had its price target raised by analysts at FBR Capital Markets from $28.00 to $40.00. They now have a “market perform” rating on the stock.

International Rectifier Corp. (NYSE:IRF) opened at 39.38 on Wednesday. International Rectifier Corp. has a 1-year low of $22.78 and a 1-year high of $39.50. The stock’s 50-day moving average is $28.26 and its 200-day moving average is $27.18. The company has a market cap of $2.817 billion and a price-to-earnings ratio of 48.42.

International Rectifier Corp. (NYSE:IRF) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.01. The company had revenue of $297.60 million for the quarter. During the same quarter last year, the company posted ($0.02) earnings per share. International Rectifier Corp.’s revenue was up 7.7% compared to the same quarter last year. Analysts expect that International Rectifier Corp. will post $1.50 EPS for the current fiscal year.

International Rectifier Corporation (NYSE:IRF) designs, manufactures and markets power management semiconductors.

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