BTIG Research announced Seagate Technology PLC (NASDAQ:STX), bumping up its stock price target to $45.00 today
- Updated: October 7, 2016
In a report released on 10/07/2016 BTIG Research increased the stock price target of Seagate Technology PLC (NASDAQ:STX) from $36.00 to $45.00 reporting a possible upside of 0.18%.
Previously on 10/05/2016, Zacks Investment Research released a statement about Seagate Technology PLC (NASDAQ:STX) increased the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.13%.
Just yesterday Seagate Technology PLC (NASDAQ:STX) traded 0.58% higher at $37.98. Seagate Technology PLC’s 50-day moving average is $35.53 and its 200-day moving average is $29.00. The last stock price is up 31.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,977,404 shares of STX traded hands, down from an average trading volume of 5,223,490
Recent Performance Chart
Seagate Technology PLC has 52 week low of $18.42 and a 52 week high of $49.50 with a PE ratio of 46.38 and has a market cap of $0.
In addition to BTIG Research reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is $27.84 with 4 firms rating the stock a strong buy, 4 firms rating the stock a buy, 20 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
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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