Breaking Finance News

BWS Financial announced Semtech Corp (NDAQ:SMTC), bumping up its stock price target to $49.00 today

In a report issued 11/20/2017 BWS Financial bumped up the target of Semtech Corp (NDAQ:SMTC) to $49.00 stating a potential upside of 0.26%.

On 6/1/2017, Drexel Hamilton released a statement on Semtech Corp (NDAQ:SMTC) upped the target price from $42.00 to $45.00 that suggested an upside of 0.24%.

Boasting a price of $38.90, Semtech Corp (NDAQ:SMTC) traded 2.02% higher on the day. The last stock price is up 9.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. The company has recorded a 50-day moving average of $37.59 and a 200-day moving average of $36.70. 360,755 shares of Semtech Corp exchanged hands, down from an avg. volume of 451,806

Recent Performance Chart

Semtech Corp (NDAQ:SMTC)

Semtech Corp has price-earnings ratio of 42.65 with a one year low of $22.81 and a 52 week high of $41.15 and has a market cap of $0.

In addition to BWS Financial reporting its target price, a total of 6 firms have released a research note on SMTC. The one year target is $28.42 with one equity analyst rating the company a strong buy, three equity analysts rating the company a buy, three brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Semtech Corp (NDAQ:SMTC)

Semtech Corporation is a supplier of analog and mixed-signal semiconductor products. The Company designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, consumer and industrial end-markets. Its product lines include Signal Integrity, Protection, Wireless and Sensing, and Power and High-Reliability. Applications for the industrial market include video broadcast studio equipment, automated meter reading, wireless charging, military and aerospace, medical, security systems, automotive, Internet of Things, industrial and home automation, and video security and surveillance. Enterprise computing end-markets include desktops, notebooks, servers, graphic boards, printers, datacenter related equipment and passive optical networks. Communications end-market applications include wireless base stations, carrier networks, switches and routers, cable modems, signal conditioners and wireless local area network.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *