Roth Capital issued a report on Intel Corporation (NASDAQ:INTC), upping its target price to $43.00 today
- Updated: September 19, 2016
Intel Corporation (NASDAQ:INTC) had its price target bumped up to $43 by Roth Capital in an issued report announced 9/19/2016. The latest target price suggests a possible upside of 0.16% from the bussiness’ last stock close price.
Previously on Friday September 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%.
Just yesterday Intel Corporation (NASDAQ:INTC) traded 3.04% higher at $37.21. Intel Corporation’s 50-day moving average is $35.26 and its two hundred day moving average is $32.70. The last stock close is up 15.19% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. 74,577,899 shares of Intel Corporation traded hands, up from ann average volume of 22,095,100.
Intel Corporation has a 52 week low of $27.68 and a 52 week high of $38.05 with a price-earnings ratio of 18. The company’s total market value is currently $0.0.
In addition to Roth Capital reporting it’s stock price target, a total of 34 brokers have released a research note on the stock. The average target stock price is $35.35 with 10 firms rating the company a strong buy, 16 analysts rating the company a buy, 16 analyts rating the stock a hold, two analysts rating the stock to underperform, and lastly one analystrating the company as sell.
More 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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