Dialog Semiconduct (OTCMKTS:DLGNF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday, January 11th. The firm currently has a $35.00 target price on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 12.90% from the stock’s previous close.
According to Zacks, “Dialog Semiconductor PLC provides integrated standard and custom mixed-signal integrated circuits, for smartphone, tablet, IoT, LED Solid State Lighting and Smart Home applications. Its technology portfolio includes audio, Bluetooth Smart(R), Rapid Charge(TM) AC/DC power conversion and multi-touch. The company operates primarily in the United Kingdom, China and internationally. Dialog Semiconductor PLC is headquartered in Reading, the United Kingdom. “
DLGNF has been the subject of several other reports. DZ Bank restated a “buy” rating on shares of Dialog Semiconduct in a report on Thursday, November 30th. JPMorgan Chase & Co. lowered Dialog Semiconduct from an “overweight” rating to a “neutral” rating in a report on Wednesday, December 13th. Credit Suisse Group lowered Dialog Semiconduct from an “outperform” rating to a “neutral” rating in a report on Wednesday, January 10th. ValuEngine upgraded Dialog Semiconduct from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Dialog Semiconduct in a research report on Tuesday, December 5th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Dialog Semiconduct currently has an average rating of “Buy” and a consensus target price of $35.00.
Dialog Semiconduct (OTCMKTS DLGNF) remained flat at $$31.00 on Thursday. The company had a trading volume of 1,002 shares, compared to its average volume of 1,506. Dialog Semiconduct has a one year low of $26.06 and a one year high of $53.00.
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About Dialog Semiconduct
Dialog Semiconductor Plc develops and distributes standard and custom highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, Internet of Things (IoT), Smart Home, LED solid-state lighting (SSL) and automotive applications worldwide. It operates through four segments: Mobile Systems, Automotive & Industrial, Connectivity, and Power Conversion.
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