The LOGI Stock Received An Average “Buy” Rating From Analysts

logi
LOGI

The Logitech International (NASDAQ: LOGI) stock received an average “hold” rating from the 13 research analyst companies that are recently covering the shares of the company. This report is confirmed by the MarketBeat Ratings. 1 equities analyst has issued a rating of “sell”, 3 have issued a rating of “hold” while 5 have issued a rating of “buy” on the company’s stock. The average price target of twelve months among the analysts working on the coverage of the LOGI stock during the past year is around $123.50. 

Ratings Provided By Brokerage Firms On The LOGI Stock!

The LOGI stock has been the subject of several reports issued by research analysts. UBS Group reissued a rating of “neutral” on the company’s stock in their research note of Monday, 22nd February. Morgan Stanley raised the price target from $123.00 – $126.00 while setting a rating of “overweight” on the stock in their research note of Thursday, 6th May. Wedbush restated its rating of “neutral” while setting a price objective of $120.00 on the company’s stock in their research note of Friday, 23rd April. 

Loop Capital increased their price target on the stock from $120.00 – $130.00 in their research note of Monday, 3rd May. Lastly, DA Davidson increased their price target on the company’s stock from $119.00 – $135.00 while setting a rating of “buy” in their research note of Tuesday, 2nd March. On average, the company has a “buy” rating. 

The LOGI stock began trading on Friday at $110.53. The stock has $18.46 bn in market capitalization, a 28.12 ratio between the price and earnings, and a 0.88 beta. The company has $53,81 as its 1 year low and $120.24 as its 1 year high.