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Silicon Laboratories (NASDAQ:SLAB) target price raised to $65.00, issued a report today by Roth Capital

Having a price of $56.63, Silicon Laboratories (NASDAQ:SLAB) traded 1.77% higher on the day. With the last stock price up 17.44% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SLAB has recorded a 50-day average of $56.07 and a two hundred day average of $50.07. Trade Volume was up over the average, with 601,076 shares of SLAB changing hands over the typical 226,486

Silicon Laboratories (NASDAQ:SLAB) had its target upped to $65.00 by Roth Capital in an issued report issued 9/28/2016. The bumped up target suggests a possible upside of 0.15% based on the company's previous stock price.

On Wednesday April 27, 2016, MKM Partners released a statement about Silicon Laboratories (NASDAQ:SLAB) upped the target price from $49.00 to $50.00 that suggested an upside of 0.05%.

Recent Performance Chart

Silicon Laboratories (NASDAQ:SLAB)

Silicon Laboratories has PE ratio of 66.82 with a one year low of $36.56 and a one year high of $59.35 and has a market capitalization of $0.

A total of 10 brokerages have issued a ratings update on Silicon Laboratories. Three brokerages rating the company a strong buy, three brokerages rating the company a buy, six brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $51.70.

General Company Details For Silicon Laboratories (NASDAQ:SLAB)

Silicon Laboratories Inc. is a provider of silicon, software and solutions for the Internet of things (IoT), Internet infrastructure, industrial control, consumer and automotive markets. The Company provides customers with advantages in performance, energy savings, connectivity and design simplicity. It provides developers with the tools and technologies they need to advance from initial idea to final product. The Company operates through mixed-signal analog intensive products, consisting of numerous product areas segment. It serves IoT market, including connected home, smart lighting and smart energy applications. It provides a range of timing and isolation products for infrastructure applications, including high-performance clocks and oscillators. It also provides broadcast products, such as television tuners and demodulators and automotive radio tuners, and access products, including subscriber line interface circuits for voice over Internet Protocol and embedded modems.

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