Intel Corp (INQ) Given Average Rating of “Hold” by Brokerages

Shares of Intel Corp (INDEXNYSEGIS:INQ) have earned an average recommendation of “Hold” from the twenty-two brokerages that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $43.78.

A number of equities research analysts have issued reports on the stock. UBS Group set a $46.50 price objective on shares of Intel and gave the stock a “buy” rating in a research note on Friday, October 27th. Deutsche Bank set a $45.00 price objective on shares of Intel and gave the stock a “buy” rating in a research note on Friday, October 27th. Stifel Nicolaus set a $50.00 price objective on shares of Intel and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Wells Fargo & Co set a $50.00 price objective on shares of Intel and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Finally, Credit Suisse Group set a $42.00 price objective on shares of Intel and gave the stock a “neutral” rating in a research note on Friday, October 27th.

Intel (INQ) opened at $44.04 on Wednesday. Intel has a one year low of $33.71 and a one year high of $47.25.

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