Intel Corporation (NASDAQ:INTC) target price lowered to $37.00, issued a report today by RBC Capital Markets
- Updated: October 19, 2016
Having a price of $37.75, Intel Corporation (NASDAQ:INTC) traded 1.23% higher on the day. With the last stock price up 12.00% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. INTC has recorded a 50-day average of $36.91 and a two hundred day average of $33.70. Trade Volume was up over the average, with 42,689,630 shares of INTC changing hands over the typical 21,242,600
Reporting a potential downside of -0.02%, RBC Capital Markets dropped the price target of Intel Corporation (NASDAQ:INTC) to $37.00
On 10/18/2016, Barclays released a statement about Intel Corporation (NASDAQ:INTC) upped the target price from $38.00 to $45.00 that suggested an upside of 0.21%.
Recent Performance Chart
Intel Corporation has PE ratio of 18.31 with a one year low of $27.68 and a one year high of $38.36 and has a market capitalization of $0.
A total of 34 brokerages have issued a ratings update on Intel Corporation. Ten brokerages rating the company a strong buy, sixteen brokerages rating the company a buy, sixteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $35.35.
General Company Details For Intel Corporation (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company's segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.
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