Analysts’ Weekly Ratings Updates for NXP Semiconductors (NXPI)

NXP Semiconductors (NASDAQ: NXPI) recently received a number of ratings updates from brokerages and research firms:

  • 2/8/2019 – NXP Semiconductors had its price target raised by analysts at Needham & Company LLC to $105.00. They now have a “strong-buy” rating on the stock.
  • 2/8/2019 – NXP Semiconductors was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $95.00 price target on the stock, down previously from $99.00.
  • 1/29/2019 – NXP Semiconductors was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 1/24/2019 – NXP Semiconductors had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $95.00 price target on the stock. They wrote, “In conjunction with our industry report titled, ” China, China China”, we are reducing our fiscal year estimates and price target to $95 (vs. $110) to reflect a slowdown in MCU (8-Bit, 32-Bit) and analog products from Chinese customers.””
  • 1/17/2019 – NXP Semiconductors was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 1/17/2019 – NXP Semiconductors was upgraded by analysts at Nomura from a “neutral” rating to a “buy” rating. They now have a $95.00 price target on the stock.
  • 1/9/2019 – NXP Semiconductors had its price target lowered by analysts at Stifel Nicolaus from $78.00 to $73.00. They now have a “sell” rating on the stock.
  • 1/2/2019 – NXP Semiconductors was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $81.00 price target on the stock. According to Zacks, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. “
  • 12/26/2018 – NXP Semiconductors is now covered by analysts at Piper Jaffray Companies. They set an “overweight” rating on the stock.
  • 12/20/2018 – NXP Semiconductors is now covered by analysts at Piper Jaffray Companies. They set an “overweight” rating and a $100.00 price target on the stock.

Shares of NXP Semiconductors stock opened at $87.51 on Monday. NXP Semiconductors NV has a 12-month low of $67.62 and a 12-month high of $125.93. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $30.07 billion, a PE ratio of 14.73, a P/E/G ratio of 0.98 and a beta of 1.16.

A number of hedge funds have recently added to or reduced their stakes in NXPI. First Personal Financial Services raised its position in NXP Semiconductors by 356.0% in the 4th quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock valued at $25,000 after purchasing an additional 267 shares during the last quarter. Legacy Bridge LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $26,000. Lindbrook Capital LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $26,000. Intercontinental Wealth Advisors LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $29,000. Finally, Highwater Wealth Management LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $36,000. Hedge funds and other institutional investors own 75.47% of the company’s stock.

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; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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