UBS announced Intel (NASDAQ:INTC), bumping up its stock price target to $43.00 today
- Updated: September 19, 2016
Stating a possible upside of 0.14%, UBS upped the target stock price of Intel (NASDAQ:INTC) to $43.
On 9/16/2016, Cowen reported about Intel(NASDAQ:INTC) raised the target price from $36.00 to $38.00. At the time, this indicated a possible upside of 0.04%.
Yesterday Intel (NASDAQ:INTC) traded 3.04% higher at $37.67. Intel’s 50-day moving average is $35.26 and its two hundred day moving average is $32.70. With the last stock price up 15.19% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. Trade volume was was up over the average, with 74,577,899 shares of INTC changing hands over the typical 22,095,100 shares..
Intel has a 52 week low of $27.68 and a 52 week high of $38.05 with a P/E ratio of 18 and has a market capitalization of $0.0.
Also covering Intel’s price target, a total of 34 analysts have issued a ratings update on INTC. The 12-month target price is $35.35 with 10 analysts rating the stock a strong buy, 16 firms rating the stock a buy, 16 analyts rating the stock a hold, two firms rating the stock to underperform, and finally one analystrating the stock as sell.
About Intel (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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