Vetr Inc. issued a report on Intel Corporation (NASDAQ:INTC), raising its target price to $39.45 today
- Updated: November 30, 2016
Intel Corporation (NASDAQ:INTC) had its stock price target increased to $39.45 by Vetr Inc. in an issued report announced 11/30/2016. The upped price target suggests a potential upside of 0.12% from the company's most recent stock price close.
On 11/24/2016, Vetr Inc. released a statement for Intel Corporation (NASDAQ:INTC) bumped up the target price from $0.00 to $39.45 that suggested an upside of 0.12%.
Boasting a price of $35.25, Intel Corporation (NASDAQ:INTC) traded -1.73% lower on the day. With the last stock price close up 0.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Intel Corporation has recorded a 50-day average of $35.38 and a two hundred day average of $34.52. Volume of trade was down over the average, with 0 shares of INTC changing hands under the typical 21,782,400
With a total market value of $0, Intel Corporation has price-earnings ratio of 16.28 with a one year low of $27.68 and a one year high of $38.36 .
A total of 34 equity analysts have released a ratings update on INTC. Ten equity analysts rating the company a strong buy, sixteen equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $35.35.
Brief Synopsis 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 Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.
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