Analyst Rating Update on Synaptics Incorporated (SYNA)

Synaptics Incorporated (SYNA) : The consensus on Synaptics Incorporated (SYNA) based on 11 analyst recommendation on the company stock is 2.36, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Synaptics Incorporated (SYNA) : 9 investment research analysts covering Synaptics Incorporated (SYNA) have an average price target of $73.78 for the near short term. The highest target price given by the Brokerage Firm to the stock is $91 and the lowest target is $57 for the short term. Analysts expect the variance to be within $11.89 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


Synaptics Incorporated (NASDAQ:SYNA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.25 and $53.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.19, notching a gain of 1.63% for the day. The total traded volume was 811,684 . The stock had closed at $53.32 on the previous day.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.

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