Texas Instruments Incorporated (TXN) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 26 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 15 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. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Texas Instruments Incorporated (TXN) : Currently there are 23 street experts covering Texas Instruments Incorporated (TXN) stock. The most bullish and bearish price target for the stock is $71 and $40 respectively for the short term. The average price target of all the analysts comes to $61.02. The estimated standard deviation from the target is $6.5.
Texas Instruments Incorporated (NASDAQ:TXN): The stock opened at $60.99 on Wednesday but the bulls could not build on the opening and the stock topped out at $61.35 for the day. The stock traded down to $60.46 during the day, due to lack of any buying support eventually closed down at $61.06 with a loss of -0.31% for the day. The stock had closed at $61.25 on the previous day. The total traded volume was 6,064,059 shares.
Also, B. Riley maintains their rating on the shares of Texas Instruments Incorporated (NASDAQ:TXN). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $56.5 per share from $55 per share. The rating by the firm was issued on April 28, 2016. The company shares have rallied 23.66% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $63.31 and the one year low was seen on Aug 25, 2015. The 50-Day Moving Average price is $60.87 and the 200 Day Moving Average price is recorded at $56.41.
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. The Companys Analog segment includes the following product lines: High Volume Analog & Logic, Power Management, High Performance Analog and Silicon Valley Analog. The Companys Embedded Processing segment includes the following product lines: Processor, Microcontrollers and Connectivity. The Company is also engaged in smaller product lines, such as DLP products, certain custom semiconductors known as application-specific integrated circuits, calculators, baseband products, and applications processors and connectivity products. The revenues from these smaller businesses are included under the Other segment. The Company has design, manufacturing or sales operations in 35 countries.