Intel Corporation (NASDAQ:INTC) target price raised to $42.00, reported today by Susquehanna
- Updated: September 20, 2016
Susquehanna increased the price target of Intel Corporation (NASDAQ:INTC) to $42.00 reporting a possible upside of 0.13%.
On Monday September 19, 2016, Argus released a statement for Intel Corporation (NASDAQ:INTC) bumped up the target price from $41.00 to $45.00 that suggested an upside of 0.21%.
Boasting a price of $37.16, Intel Corporation (NASDAQ:INTC) traded 0.00% even on the day. With the last stock price close up 12.98% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Intel Corporation has recorded a 50-day average of $35.47 and a two hundred day average of $32.89. Trading volume was down over the average, with 1,931 shares of INTC changing hands under the typical 22,950,000
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Intel Corporation has a 52 week low of $27.68 and a 52 week high of $38.05 with a P/E ratio of 18.0200 The company’s market cap is currently $0.
In addition to Susquehanna reporting its target price, a total of 34 firms have reported on the stock. The consensus target price is $35.35 with 10 firms rating the stock a strong buy, 16 firms rating the stock a buy, 16 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About 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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