The research analysts of Credit Suisse have recently assigned a price objective to the shares of Intel (NASDAQ: INTC) along with the rating of ‘buy”. The price target of Credit Suisse indicates a 22.03% probable upside from the earlier close of the company.
On Wednesday, the firm started from $65.56 with the market cap being $266.98 billion. Their lowest in 52 weeks is $43.61 while the highest is $67.44. Their current, quick, and leverage ratio is $1.66, 1.24, and 0.48. Their 50 day rolling average is $62.80 while the 200 day is $53.99.
According to their 20th January report, their quarterly EPS was $1.52, topping the $1.10 consensus estimate by almost $0.42. They had a 28.10% net margin along with a 29.44% equity return. Their revenue was $19.98 billion, surpassing the $17.47 billion estimate.
Market Transactions Of INTC Stock
DZ Bank assigned a price objective of $76 on INTC hares along with an increased rating of ‘buy’ from ‘hold’. Oppenheimer reassigned a rating of ‘hold’. Truist lifted it to $64 from $60. Morgan Stanley raised it to $72 from $70 and gave a rating of ‘overweight’. Bank of America reassigned a rating of ‘sell’ and allotted it $62. The company has the consensus ‘hold’ recommendation with a $63.64 price objective.
Robert H. Swan, the CEO, sold off 27,244 INTC shares at $55.57 EPS worth $1,513,949.08. George Davis, CFO, sold off 9,095 INTC shares at $55.34 EPS worth $503,317.30. Insiders own 0.04% Intel stock.
Pin Oak Advisors upgraded their holdings on Intel stock by nearly 1.7% and own shares priced at $505,000. Global Trust Management promoted their stake by approximately 1.1%, owning shares priced at $769,000. Berman Advisors increased their position by roughly 2%, owning $462,000 worth of shares. Berkeley Partners lifted grew their stake by almost 3.2% and own shares priced at $298,000. Arbor Trust Advisors lifted their position by nearly 1.1%, owning $891,000 worth of shares. 63.25% INTC stock is owned by institutional investors.