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Intel Corporation (NASDAQ:INTC) target price raised to $49.00, reported today by Jefferies & Co

Showing a price of $37.21, Intel Corporation (NASDAQ:INTC) traded 3.04% higher on the day. The last stock close is up 15.19% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. INTC has been tracking to a 50-day moving average of $35.26 and 200-day moving average of $32.70. 74,577,899 shares of INTC traded hands, up from ann average volume of 22,095,100

In a report announced on 9/19/2016 Jefferies & Co increased the target price of Intel Corporation (NASDAQ:INTC) from $44 to $49 stating a possible upsideof 0.32%.

Previously on 9/16/2016, Cowen released a statement for Intel Corporation(NASDAQ:INTC) upped the target price from $36.00 to $38.00. At the time, this suggested an upside of 0.04%.

Recent Performance Graph:

Intel Corporation (NASDAQ:INTC)

A total of 34 analysts have released a ratings update on Intel Corporation. Ten analysts rate the stock a strong buy, 16 analysts rate the stock a buy, 16 analyts rate the stock a hold, two brokerages rate the stock to underperform, and finally one analystrate the company as sell with a one year target of $35.35

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. The company’s market cap is currently $0.0.

Brief Synopsis 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 and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.

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