Impact of Brokerage Rating on Analog Devices, Inc.(ADI)

Many Analog Devices, Inc.(ADI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by RBC Capital Mkts on Jan 30, 2017 to Outperform, Raises Price Target to $ 85 from a previous price target of $80 .Analog Devices was Upgraded by BofA/Merrill to Buy on Nov 23, 2016.

Company has reported several Insider transactions to the SEC, on Jan 23, 2017, Margaret K Seif (SVP, CLO & Secretary) sold 3,000 shares at 72.15 per share price.On Jan 13, 2017, John C Hodgson (director) sold 1,600 shares at 58.71 per share price.On Jan 5, 2017, Kenton J Sicchitano (director) sold 15,000 shares at 72.33 per share price.

Analog Devices Last issued its quarterly earnings results on Nov 22, 2016. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $0.90. The company had revenue of $1003.00 million for the quarter, compared to analysts expectations of $942.90 million. The companys revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.

Analog Devices, Inc. (NASDAQ:ADI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.53 by 18 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 4 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Analog Devices, Inc. (NASDAQ:ADI): According to 18 Analysts, The short term target price has been estimated at $ 81.78.The target price could deviate by a maximum of $7.15 from the forecast price. In the near term, the target price could hit a high of $93 and a low of $ 64.

Analog Devices, Inc. (NASDAQ:ADI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.1% or 0.08 points. After the session commenced at $77.84, the stock reached the higher end at $77.97 while it hit a low of $77.07. With the volume soaring to 2,589,583 shares, the last trade was called at $77.84. The company has a 52-week high of $78.03. The company has a market cap of $24,059 million and there are 309,084,660 shares in outstanding. The 52-week low of the share price is $49.64.

Analog Devices, Inc. is one of the world leaders in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits used in signal processing applications. Applications for its products include communications, cellular telephones, computers and computer peripherals, consumer electronics, automotive electronics, factory automation, process control and military and space systems.


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