NXP Semiconductors N.V. (NASDAQ:NXPI)‘s stock had its “hold” rating reaffirmed by equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Monday. They presently have a $110.00 target price on the semiconductor provider’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 0.82% from the company’s previous close.

A number of other equities research analysts also recently weighed in on NXPI. Zacks Investment Research downgraded NXP Semiconductors N.V. from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 14th. Instinet downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 price target for the company. in a report on Monday, May 8th. Nomura downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a report on Monday, May 8th. Mizuho reiterated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a report on Wednesday, May 31st. Finally, Deutsche Bank AG downgraded NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 price objective for the company. in a research note on Monday, June 19th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $108.58.

Shares of NXP Semiconductors N.V. (NASDAQ NXPI) opened at 109.11 on Monday. The stock has a market capitalization of $27.47 billion, a price-to-earnings ratio of 19.97 and a beta of 0.90. NXP Semiconductors N.V. has a 1-year low of $76.82 and a 1-year high of $109.98. The company’s 50 day moving average is $108.65 and its 200-day moving average is $103.46.

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Several hedge funds have recently made changes to their positions in NXPI. BlackRock Inc. raised its stake in shares of NXP Semiconductors N.V. by 2,546.6% in the first quarter. BlackRock Inc. now owns 11,852,113 shares of the semiconductor provider’s stock valued at $1,226,696,000 after buying an additional 11,404,283 shares during the period. OZ Management LP raised its stake in shares of NXP Semiconductors N.V. by 55.6% in the first quarter. OZ Management LP now owns 4,297,878 shares of the semiconductor provider’s stock valued at $444,831,000 after buying an additional 1,535,998 shares during the period. FIL Ltd raised its stake in shares of NXP Semiconductors N.V. by 63.4% in the first quarter. FIL Ltd now owns 3,906,470 shares of the semiconductor provider’s stock valued at $404,320,000 after buying an additional 1,515,559 shares during the period. Renaissance Technologies LLC raised its stake in shares of NXP Semiconductors N.V. by 155.6% in the first quarter. Renaissance Technologies LLC now owns 2,661,288 shares of the semiconductor provider’s stock valued at $275,443,000 after buying an additional 1,620,200 shares during the period. Finally, Johnston Asset Management LLC raised its stake in shares of NXP Semiconductors N.V. by 0.5% in the first quarter. Johnston Asset Management LLC now owns 1,734,217 shares of the semiconductor provider’s stock valued at $179,491,000 after buying an additional 7,788 shares during the period. Institutional investors and hedge funds own 76.84% of the company’s stock.

About NXP Semiconductors N.V.

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Analyst Recommendations for NXP Semiconductors N.V. (NASDAQ:NXPI)

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