A statement released earlier today by Stifel about ON Semiconductor (NASDAQ:ON) ups the target price to $15.00
- Updated: September 20, 2016
Stating as possible upside of 0.30%, Stifel upped the target price of ON Semiconductor (NASDAQ:ON) to $15.00
Just yesterday ON Semiconductor (NASDAQ:ON) traded 1.86% higher at $11.52. ON Semiconductor’s 50-day average is $10.50 and its two hundred day average is $9.71. With the last stock price up 18.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was up over the average, with 10,953,299 shares of ON changing hands over the typical 4,599,420
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ON Semiconductor has a price-earnings ratio of 29.54 with a one year low of $6.97 and a 52 week high of $11.74 ON’s total market value is presently $0.
In addition to Stifel reporting its stock price target, a total of 17 firms have reported on ON Semiconductor. The 12-month price target is $12.00 with 0 brokers rating the stock a strong buy, zero firms rating the stock a buy, zero equity analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About ON Semiconductor (NASDAQ:ON)
ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal integrated circuits (ICs), standard products, image sensors and custom devices for customers to solve their design challenges in advanced electronic systems and products. The Company operates through four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group. The Company's power management and motor driver semiconductor components control, convert, protect and monitor the supply of power to the different elements within a range of electronic devices. Its custom application specific integrated circuits (ASICs) use analog, digital signal processing (DSP), mixed-signal and advanced logic capabilities for its automotive, medical, military/aerospace, consumer and industrial customers' products. Its signal management semiconductor components provide clock management and data flow management for precision computing, communications and industrial systems.
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