NXP Semiconductors N.V. (NASDAQ:NXPI) had its price target increased by equities researchers at Morgan Stanley from $110.00 to $117.50 in a report issued on Monday. The brokerage presently has an “equal weight” rating on the semiconductor provider’s stock. Morgan Stanley’s price target would suggest a potential upside of 4.52% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. ValuEngine raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Nomura cut NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research report on Monday, May 8th. BidaskClub cut NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Jefferies Group LLC reissued a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a research report on Monday, July 10th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a research report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $110.97.

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) traded up 0.49% during mid-day trading on Monday, reaching $112.97. 1,920,280 shares of the company traded hands. NXP Semiconductors N.V. has a 52 week low of $80.13 and a 52 week high of $113.20. The company has a market capitalization of $28.44 billion, a P/E ratio of 20.08 and a beta of 0.89. The stock’s 50-day moving average is $109.54 and its 200-day moving average is $105.36.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. ProVise Management Group LLC boosted its position in shares of NXP Semiconductors N.V. by 0.4% in the second quarter. ProVise Management Group LLC now owns 3,759 shares of the semiconductor provider’s stock worth $412,000 after buying an additional 15 shares during the last quarter. Assetmark Inc. boosted its position in shares of NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock worth $213,000 after buying an additional 66 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of NXP Semiconductors N.V. by 0.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 15,389 shares of the semiconductor provider’s stock worth $1,593,000 after buying an additional 100 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of NXP Semiconductors N.V. by 4.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,327 shares of the semiconductor provider’s stock worth $241,000 after buying an additional 109 shares during the last quarter. Finally, Norris Perne & French LLP MI boosted its position in shares of NXP Semiconductors N.V. by 0.8% in the second quarter. Norris Perne & French LLP MI now owns 14,496 shares of the semiconductor provider’s stock worth $1,587,000 after buying an additional 121 shares during the last quarter. 75.97% of the stock is owned by institutional investors.

NXP Semiconductors N.V. Company Profile

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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