Synaptics Incorporated (SYNA) : Analyst Rating Update

Synaptics Incorporated (SYNA) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 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 2, which is also a Buy.

Synaptics Incorporated (SYNA) : The most positive equity analysts on Synaptics Incorporated (SYNA) expects the shares to touch $91, whereas, the least positive believes that the stock will trade at $68 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $79 with an expected fluctuation of $8.86 from the mean.

Synaptics Incorporated (NASDAQ:SYNA): The stock opened at $48.54 on Wednesday but the bulls could not build on the opening and the stock topped out at $49.24 for the day. The stock traded down to $47.09 during the day, due to lack of any buying support eventually closed down at $48.39 with a loss of -2.26% for the day. The stock had closed at $49.51 on the previous day. The total traded volume was 1,714,821 shares.

Also, Mizuho Securities downgrades its rating on Synaptics Incorporated (NASDAQ:SYNA). Analysts at the Mizuho Securities have a current rating of Neutral on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 29, 2016. The company shares have dropped -39.75% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $94.48 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $60.59 and the 200 Day Moving Average price is recorded at $72.40.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.