Xilinx (XLNX) : 15 analysts are covering Xilinx (XLNX) and their average rating on the stock is 2.4, 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 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Xilinx (XLNX) : 13 Wall Street analysts covering Xilinx (XLNX) believe that the average level the stock could reach for the short term is $51.15. The maximum price target given is $60 and the minimum target for short term is around $45, hence the standard deviation is calculated at $4.43.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the MKM Partners maintains the rating on Xilinx (NASDAQ:XLNX). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $52 per share to $55 per share. The rating by the firm was issued on August 31, 2016.
Xilinx (NASDAQ:XLNX): stock was range-bound between the intraday low of $53.66 and the intraday high of $54.49 after having opened at $54.46 on Wednesdays session. The stock finally closed in the red at $54.46, a loss of -1.09%. The stock remained in the red for the whole trading day. The total traded volume was 1,652,973 shares. The stock failed to cross $54.49 in Wednesdays trading. The stocks closing price on Thursday was $54.36.
Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.