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Vetr Inc. announced ON Semiconductor Corp (NASDAQ:ON), boosting its stock price target to $12.48 today

In a report released on Thursday October 13, 2016 Vetr Inc. increased the stock price target of ON Semiconductor Corp (NASDAQ:ON) to $12.48 reporting a possible upside of 0.08%.

Previously on 10/03/2016, Vetr Inc. released a statement about ON Semiconductor Corp (NASDAQ:ON) increased the target price from $0.00 to $11.91. At the time, this indicated a possible downside of -0.03%.

Just yesterday ON Semiconductor Corp (NASDAQ:ON) traded -0.69% lower at $11.57. ON Semiconductor Corp’s 50-day moving average is $11.42 and its 200-day moving average is $10.06. The last stock price is up 15.03% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,066,051 shares of ON traded hands, up from an average trading volume of 4,834,430

Recent Performance Chart

ON Semiconductor Corp (NASDAQ:ON)

ON Semiconductor Corp has 52 week low of $6.97 and a 52 week high of $12.69 with a PE ratio of 29.67 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 17 brokerages have issued a ratings update on the company. The average stock price target is $12.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On ON Semiconductor Corp (NASDAQ:ON)

ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal integrated circuits (ICs), standard products, image sensors and custom devices for customers to solve their design challenges in advanced electronic systems and products. The Company operates through four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group. The Company's power management and motor driver semiconductor components control, convert, protect and monitor the supply of power to the different elements within a range of electronic devices. Its custom application specific integrated circuits (ASICs) use analog, digital signal processing (DSP), mixed-signal and advanced logic capabilities for its automotive, medical, military/aerospace, consumer and industrial customers' products. Its signal management semiconductor components provide clock management and data flow management for precision computing, communications and industrial systems.

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