ON Semiconductor Corporation (ON) : 6 brokerage houses believe that ON Semiconductor Corporation (ON) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on ON Semiconductor Corporation (ON). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 1.85.
ON Semiconductor Corporation (ON) stock is expected to deviate a maximum of $1.66 from the average target price of $12.71 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $10.
Shares of ON Semiconductor Corp. rose by 3.82% in the last five trading days and 10.52% for the last 4 weeks. ON Semiconductor Corp. is up 13.11% in the last 3-month period. Year-to-Date the stock performance stands at 8.27%. ON Semiconductor Corporation (NASDAQ:ON): stock turned positive on Tuesday. Though the stock opened at $10.42, the bulls momentum made the stock top out at $10.64 level for the day. The stock recorded a low of $10.42 and closed the trading day at $10.61, in the green by 2.41%. The total traded volume for the day was 4,319,301. The stock had closed at $10.36 in the previous days trading.
ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal ICs, image sensors and custom devices for customers to solve their design challenges in electronic systems and products. The company operates through four segments: Application Products Group designs and develops analog, mixed-signal and logic ASIC and ASSP solutions for end-users in the automotive, consumer electronics, computing, industrial, communications, medical and military/aerospace markets. Image Sensor Group designs and develops CMOS and CCD image sensors and image processors for end-users in the automotive, industrial, consumer electronics, wireless, medical, and military/aerospace markets. Standard Products Group offers discrete and integrated semiconductor products that perform multiple application functions. System Solutions Group designs and develops analog and mixed signal ICs, DSPs, analog and digital tuners, intelligent power modules, memory and discrete semiconductors.