A report released today by Vetr Inc. about Seagate Technology PLC (NASDAQ:STX) bumps the target price to $41.19
- Updated: October 16, 2016
Vetr Inc. raised the target price of Seagate Technology PLC (NASDAQ:STX) to $41.19 reporting a possible upside of 0.08%.
On 10/11/2016, Cowen released a statement for Seagate Technology PLC (NASDAQ:STX) bumped up the target price from $32.00 to $36.00. At the time, this suggested a downside of -0.05%.
Having a price of $37.97, Seagate Technology PLC (NASDAQ:STX) traded -0.06% lower on the day. With the last stock price close up 20.89% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. STX has recorded a 50-day average of $36.23 and a two hundred day average of $29.09. Volume of trade was up over the average, with 5,413,491 shares of STX changing hands over the typical 4,811,160
Recent Performance Chart
With a market capitalization of $0, Seagate Technology PLC has 52 week low of $18.42 and a one year high of $41.83 with a price-earnings ratio of 42.88 .
A total of 25 analysts have released a report on the company. Four brokers rating the stock a strong buy, 4 firms rating the stock a buy, 20 analysts rating the company a hold, three equity analysts rating the company a underperform, and finally one analyst rating the company a sell with a one year target price of $27.84.
General Company Details For Seagate Technology PLC (NASDAQ:STX)
Seagate Technology public limited company is a provider of electronic data storage technology and solutions. The Company's principal products are hard disk drives (HDDs). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers. Its storage technology portfolio also includes storage subsystems and high performance computing solutions. Its products are designed for applications in enterprise servers and storage systems, client compute applications and client non-compute applications. It designs, fabricates and assembles various components found in its disk drives, including read/write heads and recording media. Its design and manufacturing operations are based on technology platforms that are used to produce various disk drive products that serve multiple data storage applications and markets.
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