NXP Semiconductors N.V. (NASDAQ:NXPI) Given Consensus Rating of “Hold” by Brokerages
Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) have been given an average recommendation of “Hold” by the twenty-four analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eighteen have issued a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $109.81.
A number of research firms have issued reports on NXPI. Mizuho reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Thursday, August 3rd. BidaskClub upgraded NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research upgraded NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley lifted their target price on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a research report on Monday, August 7th. Finally, ValuEngine cut NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday.
Shares of NXP Semiconductors N.V. (NXPI) traded up 0.07% on Friday, reaching $112.20. 2,038,093 shares of the company traded hands. NXP Semiconductors N.V. has a one year low of $80.13 and a one year high of $113.39. The company has a market capitalization of $28.25 billion, a P/E ratio of 19.93 and a beta of 0.89. The firm’s 50 day moving average is $110.22 and its 200 day moving average is $106.03.
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Several large investors have recently added to or reduced their stakes in the stock. TCI Wealth Advisors Inc. increased its stake in NXP Semiconductors N.V. by 4.6% in the second quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after buying an additional 52 shares in the last quarter. BT Investment Management Ltd bought a new stake in shares of NXP Semiconductors N.V. during the second quarter valued at about $166,000. NF Trinity Capital Hong Kong Ltd increased its stake in shares of NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock valued at $170,000 after buying an additional 86,296 shares during the period. Commonwealth Bank of Australia increased its stake in shares of NXP Semiconductors N.V. by 0.8% in the second quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock valued at $181,000 after buying an additional 14 shares during the period. Finally, Welch & Forbes LLC bought a new stake in shares of NXP Semiconductors N.V. during the first quarter valued at about $204,000. Hedge funds and other institutional investors own 75.97% of the company’s stock.
NXP Semiconductors N.V. Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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