A statement released earlier today by Zacks Investment Research about Seagate Technology PLC (NASDAQ:STX) bumps the target price to $43.00
- Updated: October 9, 2016
Having a price of $38.17, Seagate Technology PLC (NASDAQ:STX) traded 0.21% higher on the day. With the last close up 30.62% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Seagate Technology PLC has recorded a 50-day average of $35.70 and a two hundred day average of $29.01. Volume of trade was down over the average, with 3,340,221 shares of STX changing hands under the typical 5,159,720
In a report issued 10/05/2016 Zacks Investment Research increased the stock price target of Seagate Technology PLC (NASDAQ:STX) to $43.00 reporting a potential upside of 0.13%.
On Monday October 03, 2016, RBC Capital released a statement on Seagate Technology PLC (NASDAQ:STX) upped the target price from $34.00 to $40.00 that suggested an upside of 0.04%.
With a total market value of $0, Seagate Technology PLC has price-earnings ratio of 46.21 with a one year low of $18.42 and a one year high of $49.43 .
A total of 25 analysts have released a research note on Seagate Technology PLC. Four analysts rating the company a strong buy, four analysts rating the company a buy, twenty analysts rating the company a hold, three analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $27.84.
More About 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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