Brokerage Firm Rating Update on Intel Corporation (INTC)

Intel Corporation (INTC) : The consensus on Intel Corporation (INTC) based on 33 analyst recommendation on the company stock is 1.89, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 20 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. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Intel Corporation (INTC).

Intel Corporation (INTC) has been rated by 28 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $45 and the lowest price target forecast is $30. The average forecast of all the analysts is $37.61 and the expected standard deviation is $3.5.


For the current week, the company shares have a recommendation consensus of Buy. Also, Roth Capital initiates coverage on Intel Corporation (NASDAQ:INTC).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Roth Capital announces the price target of $40 per share. The rating by the firm was issued on September 1, 2016.

Intel Corporation (NASDAQ:INTC): stock was range-bound between the intraday low of $36.38 and the intraday high of $36.65 after having opened at $36.65 on Wednesdays session. The stock finally closed in the red at $36.65, a loss of -0.30%. The stock remained in the red for the whole trading day. The total traded volume was 18,495,645 shares. The stock failed to cross $36.65 in Wednesdays trading. The stocks closing price on Thursday was $36.57.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.