A statement released earlier today by Robert W. Baird about Intel Corporation (NASDAQ:INTC) bumps the target price to $42.00
- Updated: September 19, 2016
Displaying a price of $37.25, Intel Corporation (NASDAQ:INTC) traded 3.04% higher on the day. The last stock close is up 15.19% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Intel Corporation has been tracking to a 50-day moving average of $35.26 and 200-day average of $32.70. 74,577,899 shares of INTC traded hands, up from ann average trading volume of 22,095,100
Intel Corporation (NASDAQ:INTC) had its price target increased to $42 by Robert W. Baird in a report issued Monday September 19 2016. The increased target price implies a potential upside of 0.13% based on the company’s last stock close price.
Previously on 9/16/2016, Cowen reported on Intel Corporation(NASDAQ:INTC) upped the target price from $36.00 to $38.00 that indicated a possible upside of 0.04%.
Also covering Intel Corporation’s target price, a total of 34 brokers have reported on Intel Corporation. The consensus target stock price is $35.35 with 10 analysts rating the stock a strong buy, 16 firms rating the stock a buy, 16 analysts rating the stock a hold, two analysts rating the stock to underperform, and lastly one analyst rating the stock as sell.
With a total market value of $0.0, Intel Corporation has a 52 week low of $27.68 and a one-year high of $38.05 with a P/E ratio of 18.
General Company Details For Intel Corporation (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 and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.
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