National Instruments Corporation (NATI) : 2 analysts are covering National Instruments Corporation (NATI) and their average rating on the stock is 2, which is read as a Buy. 1 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 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
National Instruments Corporation (NATI) : The most positive equity analysts on National Instruments Corporation (NATI) expects the shares to touch $32, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $31 with an expected fluctuation of $1.41 from the mean.
Also, Major Brokerage house, Stifel Nicolaus maintains its ratings on National Instruments Corporation (NASDAQ:NATI). In the latest research report, Stifel Nicolaus lowers the target price from $33 per share to $32 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 July 28, 2016.
National Instruments Corporation (NASDAQ:NATI): After opening at $26.86, the stock dipped to an intraday low of $26.74 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.525 and the buying power remained strong till the end. The stock closed at $27.39 for the day, a gain of 1.75% for the day session. The total traded volume was 893,941. The stocks close on the previous trading day was $26.92.
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.