NXP Semiconductors (NASDAQ:NXPI) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

Several other equities research analysts also recently weighed in on the company. Zacks Investment Research raised NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price objective on the stock in a report on Tuesday, October 31st. Robert W. Baird reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a report on Friday, October 27th. Jefferies Group set a $115.00 target price on NXP Semiconductors and gave the stock a “hold” rating in a report on Thursday, October 26th. Sanford C. Bernstein downgraded NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a report on Thursday, October 26th. Finally, Mizuho reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a report on Wednesday, October 4th. Eighteen equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $112.57.

Shares of NXP Semiconductors (NXPI) opened at $115.84 on Tuesday. The company has a current ratio of 2.04, a quick ratio of 1.59 and a debt-to-equity ratio of 0.45. NXP Semiconductors has a twelve month low of $96.00 and a twelve month high of $118.20. The firm has a market capitalization of $39,086.65, a price-to-earnings ratio of 20.23, a P/E/G ratio of 1.00 and a beta of 0.82.

Several hedge funds have recently bought and sold shares of NXPI. Fieldpoint Private Securities LLC bought a new position in shares of NXP Semiconductors in the 3rd quarter worth about $113,000. TCI Wealth Advisors Inc. raised its position in shares of NXP Semiconductors by 4.6% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock worth $130,000 after acquiring an additional 52 shares in the last quarter. Risk Paradigm Group LLC raised its position in shares of NXP Semiconductors by 92.3% in the 3rd quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock worth $135,000 after acquiring an additional 572 shares in the last quarter. Horan Capital Advisors LLC. bought a new position in shares of NXP Semiconductors in the 3rd quarter worth about $136,000. Finally, Picton Mahoney Asset Management bought a new position in shares of NXP Semiconductors in the 2nd quarter worth about $165,000. 82.72% of the stock is owned by hedge funds and other institutional investors.

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NXP Semiconductors 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.

Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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