A statement released earlier today by UBS Securities about Seagate Technology PLC (NASDAQ:STX) raises the target price to $22.00
- Updated: September 19, 2016
Displaying a price of $35.95, Seagate Technology PLC (NASDAQ:STX) traded 0.03% higher on the day. The last stock close is up 27.36% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. The company has been tracking to a 50-day average of $32.94 and 200-day moving average of $28.59. 1,548,615 shares of the stock were exchanged, down from ann avg. trading volume of 5,552,810
In a report announced on 9/19/2016 UBS Securities upped the target price of Seagate Technology PLC (NASDAQ:STX) from $17 to $22 reporting a possible downsideof -0.39%.
Recent Performance Graph:
A total of 25 brokerages have released a report on the stock. Four firms rate the stock a strong buy, four analysts rate the stock a buy, 20 analyts rate the company a hold, three analysts rate the stock to underperform, and finally one brokeragerate the stock as sell with an average target stock price of $27.84
Seagate Technology PLC has a PE of 44 with a 52 week low of $18.42 and a one-year high of $49.52 and has a market cap of $0.0.
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, and 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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