NXP Semiconductors (NASDAQ:NXPI) PT Raised to $100.00 at Mizuho

NXP Semiconductors (NASDAQ:NXPI) had its price target raised by Mizuho from $95.00 to $100.00 in a research report report published on Wednesday, May 1st, BenzingaRatingsTable reports. The brokerage currently has a neutral rating on the semiconductor provider’s stock.

Other equities analysts also recently issued research reports about the company. Piper Jaffray Companies upped their price target on NXP Semiconductors from $100.00 to $110.00 and gave the stock an overweight rating in a research report on Tuesday, April 9th. Zacks Investment Research upgraded NXP Semiconductors from a hold rating to a buy rating and set a $81.00 price objective on the stock in a research note on Wednesday, January 2nd. TheStreet upgraded NXP Semiconductors from a c+ rating to a b- rating in a research note on Wednesday, February 13th. ValuEngine upgraded NXP Semiconductors from a sell rating to a hold rating in a research note on Saturday, April 13th. Finally, Nomura upgraded NXP Semiconductors from a neutral rating to a buy rating and set a $95.00 price objective on the stock in a research report on Thursday, January 17th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $99.42.

Shares of NASDAQ:NXPI opened at $95.13 on Wednesday. The firm has a market capitalization of $32.93 billion, a PE ratio of 16.02, a PEG ratio of 1.22 and a beta of 1.16. NXP Semiconductors has a 52 week low of $67.62 and a 52 week high of $122.24. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.42.

Institutional investors have recently bought and sold shares of the business. Loews Corp purchased a new position in shares of NXP Semiconductors in the 4th quarter worth about $290,000. Providence Capital Advisors LLC boosted its holdings in NXP Semiconductors by 4.9% during the 4th quarter. Providence Capital Advisors LLC now owns 19,789 shares of the semiconductor provider’s stock valued at $1,450,000 after acquiring an additional 921 shares during the period. Windsor Creek Advisors LLC purchased a new stake in NXP Semiconductors during the 4th quarter valued at about $306,000. Klingenstein Fields & Co. LLC purchased a new stake in NXP Semiconductors during the 4th quarter valued at about $8,540,000. Finally, First Hawaiian Bank boosted its holdings in NXP Semiconductors by 748.5% during the 4th quarter. First Hawaiian Bank now owns 2,325 shares of the semiconductor provider’s stock valued at $170,000 after acquiring an additional 2,051 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

About NXP Semiconductors

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

Recommended Story: The basics of gap trading strategies

Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.