Xilinx (NASDAQ:XLNX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.39 by 18 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Brokerage firm Goldman Sachs downgrades its rating on Xilinx (NASDAQ:XLNX). As per the latest information, the brokerage house lowers the price target to $51 per share from a prior target of $54. The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 2, 2016.
Xilinx (NASDAQ:XLNX): The mean short term price target for Xilinx (NASDAQ:XLNX) has been established at $48.47 per share. The higher price target estimate is at $60 and the lower price target estimate is expected at $42 according to 15 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.5
Xilinx (NASDAQ:XLNX) rose 0.39% or 0.18 points on Tuesday and made its way into the gainers of the day. After trading began at $46.56 the stock was seen hitting $46.73 as a peak level and $46.26 as the lowest level. The stock ended up at $46.68. The daily volume was measured at 1,805,032 shares. The 52-week high of the share price is $50.72 and the 52-week low is $38.7. The company has a market cap of $11,844 million.
Xilinx Inc. has dropped 0.6% in the last five trading days, however, the shares have posted positive gains of 4.31% in the last 4 weeks. Xilinx Inc. has dropped 1.12% during the last 3-month period . Year-to-Date the stock performance stands at 0.79%.
Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.