NXP Semiconductors (NASDAQ:NXPI)‘s stock had its “hold” rating reissued by analysts at Jefferies Group in a report released on Tuesday. They presently have a $120.00 price target on the semiconductor provider’s stock. Jefferies Group’s price objective would indicate a potential upside of 2.97% from the stock’s current price.
Other equities analysts have also issued reports about the stock. BidaskClub lowered shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Needham & Company LLC reissued a “strong-buy” rating and issued a $130.00 target price (up from $110.00) on shares of NXP Semiconductors in a report on Thursday, February 1st. Zacks Investment Research raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 target price on the stock in a report on Tuesday, October 31st. Mizuho reissued a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a report on Thursday, February 8th. Finally, Robert W. Baird reissued a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $116.13.
NXP Semiconductors (NXPI) traded up $0.76 during mid-day trading on Tuesday, reaching $116.54. 1,876,500 shares of the company’s stock traded hands, compared to its average volume of 2,728,114. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42. NXP Semiconductors has a 52-week low of $101.91 and a 52-week high of $121.50. The company has a market cap of $40,320.00, a price-to-earnings ratio of 18.15, a P/E/G ratio of 0.85 and a beta of 0.72.
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.
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