Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) have been given a consensus recommendation of “Hold” by the twenty research firms that are covering the stock, MarketBeat Ratings reports. Eighteen analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $111.87.

A number of analysts recently commented on NXPI shares. Sanford C. Bernstein cut shares of NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 target price for the company. in a research note on Thursday, October 26th. Zacks Investment Research cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Jefferies Group set a $110.00 target price on shares of NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, October 19th. Robert W. Baird reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a research note on Friday, October 27th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a research note on Wednesday, October 4th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. raised its position in NXP Semiconductors by 59.4% during the 2nd quarter. BlackRock Inc. now owns 18,896,814 shares of the semiconductor provider’s stock worth $2,068,256,000 after buying an additional 7,044,701 shares during the last quarter. Elliott Management Corp purchased a new position in NXP Semiconductors during the 2nd quarter worth approximately $1,354,313,000. Farallon Capital Management LLC raised its position in NXP Semiconductors by 31.0% during the 2nd quarter. Farallon Capital Management LLC now owns 6,425,000 shares of the semiconductor provider’s stock worth $703,216,000 after buying an additional 1,520,000 shares during the last quarter. York Capital Management Global Advisors LLC raised its position in NXP Semiconductors by 68.5% during the 2nd quarter. York Capital Management Global Advisors LLC now owns 5,377,282 shares of the semiconductor provider’s stock worth $588,543,000 after buying an additional 2,186,645 shares during the last quarter. Finally, FIL Ltd raised its position in NXP Semiconductors by 13.0% during the 2nd quarter. FIL Ltd now owns 4,413,381 shares of the semiconductor provider’s stock worth $483,045,000 after buying an additional 506,911 shares during the last quarter. 82.24% of the stock is owned by institutional investors.

NXP Semiconductors (NXPI) traded up $0.17 during mid-day trading on Tuesday, reaching $118.45. 1,408,576 shares of the company were exchanged, compared to its average volume of 2,580,000. The firm has a market cap of $40,980.00, a PE ratio of 20.96, a PEG ratio of 0.87 and a beta of 0.82. The company has a quick ratio of 1.59, a current ratio of 2.04 and a debt-to-equity ratio of 0.45. NXP Semiconductors has a one year low of $96.00 and a one year high of $118.83.

COPYRIGHT VIOLATION WARNING: “NXP Semiconductors N.V. (NXPI) Given Average Recommendation of “Hold” by Analysts” was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/09/nxp-semiconductors-n-v-nxpi-given-average-recommendation-of-hold-by-analysts.html.

About NXP Semiconductors

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 (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.