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Seagate Tech (NASDAQ:STX) stock price target bumped up to $22.00, reported earlier today by UBS

Just yesterday Seagate Tech (NASDAQ:STX) traded 0.03% higher at $36.40. The company’s 50-day average is $32.94 and its two hundred day moving average is $28.59. With the last stock price up 27.36% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,548,615 shares of STX traded hands, down from ann avg. trading volume of 5,552,810.

UBS upped the estimated target of Seagate Tech (NASDAQ:STX) to $22, stating a possible downside of -0.40%,

See Graphic Below:

Seagate Tech (NASDAQ:STX)

A total of 25 firms have issued a report on the stock. Four analysts rate the company a strong buy, four analysts rate the company a buy, 20 analyts rate the company a hold, three analysts rate the stock to underperform, and lastly one analystrate the company as sell with a consensus target price of $27.84

Seagate Tech has a 52 week low of $18.42 and a 52 week high of $49.52 with a price-earnings ratio of 44 and has a total market value of $0.0.

General Company Details For Seagate Tech (NASDAQ:STX)

Seagate Technology public limited company is a provider of electronic data storage technology and solutions. The Company’s principal products are hard disk drives (HDDs). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers. Its storage technology portfolio also includes storage subsystems and high performance computing solutions. Its products are designed for applications in enterprise servers and storage systems, client compute applications and client non-compute applications. It designs, fabricates and assembles various components found in its disk drives, and including read/write heads and recording media. Its design and manufacturing operations are based on technology platforms that are used to produce various disk drive products that serve multiple data storage applications and markets.

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