A report released today by Maxim Group about Maxim Integrated Products Inc. (NASDAQ:MXIM) bumps the target price to $50.00
- Updated: September 20, 2016
In an issued report on Tuesday September 20 2016 Maxim Group raised the target price of Maxim Integrated Products Inc. (NASDAQ:MXIM) from $0 to $50 indicating a possible upside of 0.29%.
Displaying a price of $38.84, Maxim Integrated Products Inc. (NASDAQ:MXIM) traded 0.49% higher on the day. The last stock price close is up 3.48% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. MXIM has been tracking to a 50-day moving average of $40.30 and 200-day average of $37.56. 382,179 shares of MXIM traded hands, down from ann avg. trading volume of 2,335,990
Maxim Integrated Products Inc. has a price-earnings of 49 with a one-year low of $30.28 and a 52 week high of $42.37 and has a market capitalization of $0.0.
In addition to Maxim Group reporting its stock price target, a total of 23 brokers have reported on the company. The one year target price is $39.33 with three firms rating the company a strong buy, 11 analysts rating the stock a buy, 11 analyts rating the stock a hold, two analysts rating the stock to underperform, and lastly 0 brokeragesrating the company as sell.
Brief Synopsis On Maxim Integrated Products Inc. (NASDAQ:MXIM)
Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company caters to automotive, communications and data center, computing, consumer and industrial markets. It offers a range of products, such as switching regulators, battery management, isolated power, charge pumps, linear regulators, light emitting diode (LED) drivers, motor driver integrated circuits (ICs), monitors and sequencers, transceivers, controllers and expanders, level translators, signal line protection ICs, broadband switches, powerline communications, real-time clocks, embedded security, microcontrollers, 1-Wire, iButton, data loggers, clock generation and distribution, memory products, optical, signal integrity, high-speed signaling, and and display power and control.
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