Jefferies Group LLC Reiterates Hold Rating for NXP Semiconductors N.V. (NXPI)

NXP Semiconductors N.V. (NASDAQ:NXPI)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Monday. They currently have a $110.00 target price on the semiconductor provider’s stock. Jefferies Group LLC’s target price would suggest a potential upside of 0.72% from the stock’s current price.

NXPI has been the subject of a number of other research reports. Zacks Investment Research cut shares of NXP Semiconductors N.V. from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 14th. Deutsche Bank AG cut shares of NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 target price for the company. in a research note on Monday, June 19th. Instinet cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 target price for the company. in a research note on Monday, May 8th. Stifel Nicolaus reissued a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Tuesday, July 4th. Finally, Mizuho reaffirmed a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research note on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $108.58.

NXP Semiconductors N.V. (NASDAQ:NXPI) opened at 109.25 on Monday. The stock has a market cap of $27.50 billion, a price-to-earnings ratio of 20.00 and a beta of 0.90. NXP Semiconductors N.V. has a 12 month low of $76.82 and a 12 month high of $109.98. The stock’s 50 day moving average price is $108.65 and its 200-day moving average price is $103.46.

WARNING: “Jefferies Group LLC Reiterates Hold Rating for NXP Semiconductors N.V. (NXPI)” was originally published by BBNS and is the property of of BBNS. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://baseballnewssource.com/markets/jefferies-group-llc-reiterates-hold-rating-for-nxp-semiconductors-n-v-nxpi/1180531.html.

Several institutional investors have recently modified their holdings of the company. Reilly Financial Advisors LLC raised its position in shares of NXP Semiconductors N.V. by 0.8% in the first quarter. Reilly Financial Advisors LLC now owns 103,133 shares of the semiconductor provider’s stock valued at $10,675,000 after buying an additional 785 shares in the last quarter. Private Trust Co. NA bought a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $228,000. Stock Yards Bank & Trust Co. raised its position in shares of NXP Semiconductors N.V. by 0.5% in the first quarter. Stock Yards Bank & Trust Co. now owns 75,801 shares of the semiconductor provider’s stock valued at $7,846,000 after buying an additional 359 shares in the last quarter. Confluence Investment Management LLC raised its position in shares of NXP Semiconductors N.V. by 5.8% in the first quarter. Confluence Investment Management LLC now owns 491,979 shares of the semiconductor provider’s stock valued at $50,920,000 after buying an additional 27,009 shares in the last quarter. Finally, Empyrean Capital Partners LP bought a new position in shares of NXP Semiconductors N.V. during the fourth quarter valued at approximately $24,818,000. Hedge funds and other institutional investors own 76.81% of the company’s stock.

NXP Semiconductors N.V. Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Analyst Recommendations for NXP Semiconductors N.V. (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors N.V. and related companies with our FREE daily email newsletter.

 


Latest News

Veteran Pitcher Bartolo Colon Considering Retirement
Veteran Pitcher Bartolo Colon Considering Retirement
Todd Frazier Traded to Yankees for Blake Rutherford and Others
Todd Frazier Traded to Yankees for Blake Rutherford and Others
Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Todd Frazier Trade to Boston Appears to Be Decided
Todd Frazier Trade to Boston Appears to Be Decided
Chicago White Sox Continue Rebuild Without Jose Quintana
Chicago White Sox Continue Rebuild Without Jose Quintana
Mike Trout Returns from Injury With Single and Stole Base
Mike Trout Returns from Injury With Single and Stole Base


Leave a Reply

 
© 2006-2017 BBNS.