Intersil Corporation (ISIL) : 8 analysts are covering Intersil Corporation (ISIL) and their average rating on the stock is 1.88, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Intersil Corporation (ISIL) : The highest level Intersil Corporation (ISIL) is projected to reach is $19 for the short term and the lowest estimate is at $15. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $16.79 and the possibility the share price can swing is $1.52.
Company shares have received an average consensus rating of Hold for the current week Intersil Corporation (NASDAQ:ISIL): The stock opened at $15.33 on Thursday but the bulls could not build on the opening and the stock topped out at $15.49 for the day. The stock traded down to $15.23 during the day, due to lack of any buying support eventually closed down at $15.24 with a loss of -0.13% for the day. The stock had closed at $15.26 on the previous day. The total traded volume was 1,101,068 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, WW Operations) of Intersil Corp/De, Micallef Andrew had sold 4,000 shares worth of $47,840 in a transaction dated May 10, 2016. In this transaction, 4,000 shares were sold at $11.96 per share.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.