Vetr upgraded shares of Himax Technologies, Inc. (NASDAQ:HIMX) from a buy rating to a strong-buy rating in a report released on Tuesday. The firm currently has $11.54 target price on the semiconductor company’s stock.

HIMX has been the topic of several other research reports. Credit Suisse Group raised Himax Technologies from a neutral rating to a buy rating and set a $11.00 target price on the stock in a research note on Friday, August 4th. Oppenheimer Holdings, Inc. reaffirmed a sell rating and set a $4.00 target price on shares of Himax Technologies in a research note on Thursday, September 7th. Macquarie reaffirmed an outperform rating and set a $12.20 target price (up previously from $11.00) on shares of Himax Technologies in a research note on Wednesday, September 6th. Northland Securities reaffirmed an outperform rating and set a $15.00 target price (up previously from $12.00) on shares of Himax Technologies in a research note on Thursday, September 14th. Finally, Zacks Investment Research downgraded Himax Technologies from a buy rating to a hold rating in a research note on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. Himax Technologies currently has an average rating of Hold and an average target price of $9.03.

Himax Technologies (NASDAQ:HIMX) opened at 10.16 on Tuesday. Himax Technologies has a 52-week low of $4.88 and a 52-week high of $11.97.

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Several institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position in shares of Himax Technologies by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 14,223 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 77 shares during the period. US Bancorp DE raised its position in shares of Himax Technologies by 0.7% during the first quarter. US Bancorp DE now owns 14,598 shares of the semiconductor company’s stock worth $133,000 after purchasing an additional 100 shares during the period. Northern Trust Corp raised its position in shares of Himax Technologies by 9.7% during the second quarter. Northern Trust Corp now owns 17,846 shares of the semiconductor company’s stock worth $145,000 after purchasing an additional 1,583 shares during the period. Private Advisor Group LLC raised its position in shares of Himax Technologies by 19.7% during the second quarter. Private Advisor Group LLC now owns 17,300 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 2,850 shares during the period. Finally, Profund Advisors LLC raised its position in shares of Himax Technologies by 5.2% during the second quarter. Profund Advisors LLC now owns 67,728 shares of the semiconductor company’s stock worth $555,000 after purchasing an additional 3,320 shares during the period. 21.70% of the stock is currently owned by institutional investors.

Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Himax Technologies (NASDAQ:HIMX)

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