Intel Corporation (INTC) : 31 analysts are covering Intel Corporation (INTC) and their average rating on the stock is 1.95, which is read as a Buy. 18 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. Intel Corporation (INTC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Intel Corporation (INTC) : The highest level Intel Corporation (INTC) is projected to reach is $45 for the short term and the lowest estimate is at $30. The consolidated price target from 27 rating analysts who initiate coverage on the stock is $37.52 and the possibility the share price can swing is $3.53.
Shares of Intel Corporation rose by 0.54% in the last five trading days and 2.82% for the last 4 weeks. Intel Corporation is up 14.84% in the last 3-month period. Year-to-Date the stock performance stands at 5.35%. Intel Corporation (NASDAQ:INTC): stock turned positive on Tuesday. Though the stock opened at $35.5, the bulls momentum made the stock top out at $35.69 level for the day. The stock recorded a low of $35.3 and closed the trading day at $35.4, in the green by 0.11%. The total traded volume for the day was 18,315,042. The stock had closed at $35.36 in the previous days trading.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.