Intersil Corporation (ISIL) Receives Price Target

Intersil Corporation (ISIL) : Average target price received by Intersil Corporation (ISIL) is $18.29 with an expected standard deviation of $2.93. The most aggressive target on the stock is $22, whereas the most downbeat target is $15. 7 financial analysts are currently covering the stock.

Intersil Corporation (ISIL) : Zacks Investment Research ranks Intersil Corporation (ISIL) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.88, which indicates as a Buy.


Also, Major Brokerage house, Briley maintains its ratings on Intersil Corporation (NASDAQ:ISIL). In the latest research report, Briley raises the target price from $17.5 per share to $22 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 26, 2016.

Intersil Corporation (NASDAQ:ISIL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.73 and $19.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.25, notching a gain of 2.58% for the day. The total traded volume was 4,671,785 . The stock had closed at $19.74 on the previous day.

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.

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