Knowles Corporation (KN) : 5 analysts are covering Knowles Corporation (KN) and their average rating on the stock is 2.6, which is read as a Hold. 2 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 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Knowles Corporation (KN) : Currently there are 4 street experts covering Knowles Corporation (KN) stock. The most bullish and bearish price target for the stock is $19 and $12 respectively for the short term. The average price target of all the analysts comes to $16.5. The estimated standard deviation from the target is $3.11.
Also, JP Morgan initiates coverage on Knowles Corporation (NYSE:KN). The shares have now been rated Neutral by the stock experts at the ratings house. JP Morgan announces the current price target of $15 per share on Knowles Corporation. The rating by the firm was issued on September 6, 2016.
Knowles Corporation (NYSE:KN): After opening at $14.15, the stock dipped to an intraday low of $14.11 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.715 and the buying power remained strong till the end. The stock closed at $14.69 for the day, a gain of 3.89% for the day session. The total traded volume was 831,325. The stocks close on the previous trading day was $14.14.
Knowles Corporation (Knowles) is a supplier of micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. The Company operates micro-electro-mechanical systems (MEMS) microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets. The Companys segments include Mobile Consumer Electronics (MCE) and Specialty Components (SC). MCE includes analog and digital microphones, MEMS microphones, surface mounted device microphones, multi-functional devices, and integrated audio sub-systems, among others. SC includes transducers, oscillators, capacitors and filters. The Company is also a manufacturer of transducers used in hearing aids and other medical devices and capacitor components which provide various types of communication. The Companys wholly owned subsidiary Audience, Inc. offers intelligent audio and signal processing solutions.