NXP Semiconductors N.V. (NXPI) : Analyst Rating Update

NXP Semiconductors N.V. (NXPI) has an average broker rating of 1.2, which is interpreted as a Strong Buy, as rated by 15 equity analysts. Nonetheless, 13 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

NXP Semiconductors N.V. (NXPI) : The highest short term price target forecast on NXP Semiconductors N.V. (NXPI) is $130 and the lowest target price is $90. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $105.93 with a standard deviation of $10.67.

NXP Semiconductors N.V. (NASDAQ:NXPI): The stock opened at $75.94 on Wednesday but the bulls could not build on the opening and the stock topped out at $76.52 for the day. The stock traded down to $75.04 during the day, due to lack of any buying support eventually closed down at $76.05 with a loss of -0.51% for the day. The stock had closed at $76.44 on the previous day. The total traded volume was 3,073,803 shares.

Also, Bank of America downgrades their rating on the shares of NXP Semiconductors N.V. (NASDAQ:NXPI). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 27, 2016. The company shares have dropped -17.13% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $114.00 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $86.65 and the 200 Day Moving Average price is recorded at $80.57.

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products, High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices, which can be incorporated in many different types of electronics equipment and, which are sold to a range of customers, both directly and through distributors.

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