A statement released earlier today by Barclays about Intel (NASDAQ:INTC) bumps the target price to $45.00
- Updated: October 18, 2016
Stating a potential upside of 0.21%, Barclays upped the price target of Intel (NASDAQ:INTC) to $45.00
On 10/12/2016, Vetr Inc. released a statement for Intel (NASDAQ:INTC) bumped up the target price from $0.00 to $41.20 that suggested an upside of 0.11%.
Displaying a price of $37.29, Intel (NASDAQ:INTC) traded 1.23% higher on the day. The last stock close price is up 12.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Intel has recorded a 50-day moving average of $36.91 and a 200-day moving average of $33.70. 42,689,630 shares of the stock were exchanged, up from an average trading volume of 21,242,600
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Intel has a 52 week low of $27.68 and a 52 week high of $38.36 with a P/E ratio of 18.31 The company’s market cap is currently $0.
In addition to Barclays reporting its target price, a total of 34 firms have reported on the stock. The consensus target price is $35.35 with 10 firms rating the stock a strong buy, 16 firms rating the stock a buy, 16 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Intel (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company's segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.
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