Bank of America upgraded shares of Dialog Semiconductor (OTCMKTS:DLGNF) from an underperform rating to a buy rating in a report issued on Monday, October 15th, The Fly reports.
Other analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Dialog Semiconductor from a strong sell rating to a hold rating in a research report on Monday, July 16th. DZ Bank reaffirmed a neutral rating on shares of Dialog Semiconductor in a report on Tuesday, August 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $24.00.
Shares of DLGNF traded down $1.36 during mid-day trading on Monday, reaching $25.50. 525 shares of the stock traded hands, compared to its average volume of 10,876. The firm has a market capitalization of $2.19 billion, a P/E ratio of 8.73 and a beta of 0.80. Dialog Semiconductor has a 12-month low of $14.50 and a 12-month high of $45.69.
Dialog Semiconductor Plc develops and distributes highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, low energy short-range wireless, LED solid-state lighting, and automotive applications worldwide. It operates through four segments: Mobile Systems, Automotive & Industrial, Connectivity, and Power Conversion.
Featured Story: What is a capital gain?
Receive News & Ratings for Dialog Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dialog Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.