Credit Suisse Group Downgrades Dialog Semiconduct (DLGNF) to Neutral
Dialog Semiconduct (OTCMKTS:DLGNF) was downgraded by investment analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports.
DLGNF has been the subject of a number of other reports. Zacks Investment Research raised Dialog Semiconduct from a “hold” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research note on Tuesday, January 2nd. DZ Bank reaffirmed a “buy” rating on shares of Dialog Semiconduct in a research note on Wednesday, December 6th. JPMorgan Chase & Co. lowered Dialog Semiconduct from an “overweight” rating to a “neutral” rating in a research report on Wednesday, December 13th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Dialog Semiconduct in a research report on Tuesday, December 5th. Finally, ValuEngine upgraded Dialog Semiconduct from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $35.00.
Shares of Dialog Semiconduct (DLGNF) traded down $0.67 during mid-day trading on Wednesday, hitting $30.50. The stock had a trading volume of 800 shares, compared to its average volume of 4,374. Dialog Semiconduct has a one year low of $26.06 and a one year high of $53.00.
Dialog Semiconductor Plc develops and distributes standard and custom highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, Internet of Things (IoT), Smart Home, LED solid-state lighting (SSL) and automotive applications worldwide. It operates through four segments: Mobile Systems, Automotive & Industrial, Connectivity, and Power Conversion.
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