Forty-four analysts from Wall Street have issued a rating of hold for the shares of INTC as it has been reported by Marketbeat. According to the report, eleven of the analysts gave the stock of the company a rating of sell, while fourteen of them provided it with a rating of hold. Fourteen other investment analysts gave the stocks a rating of buy. The price target for INTC as set by analysts has been $63.34.
The Stock Commentary on INTC
There have been quite a few research equities that have commented on the stocks of INTC. JPMorgan Chase & Co has already put up a target price of $80 with a rating of buy in a Wednesday research report. The Bank of America has also reaffirmed their rating of sell along with a price objective set at $58.
BMO Capital Markets has increased the price target of the firm from $70 to $75, with an outperform rating that was put up in a 22nd January research report. Zacks Investment Research has also increased the rating of the company from hold to buy with a $59 price target set on it. In the end, Wedbush jumped on the bandwagon and increased the price target of the company from $48 to $53 in a 22nd January research report.
The stocks of INTC traded on Thursday at $62.04. The market cap of the firm has been set at $252.07 billion, with a 12.16 PE ratio- along with a 1.63 PEG ratio. The quick ratio of the company is 1.24, with a 1.66 current ratio. The year low of the company is $43.61, with a $67.44 year high. The moving average price of the company over 50 days is $61.52, while the moving average price of the company over 200 days is $53.04.