Logitech International SA (NASDAQ:LOGI) shot up 2.2% on Monday . The stock traded as high as $16.70 and last traded at $16.63, with a volume of 205,613 shares traded. The stock had previously closed at $16.27.

Several brokerages have weighed in on LOGI. Rosenblatt Securities reiterated a “buy” rating and issued a $18.00 target price on shares of Logitech International SA in a report on Saturday, April 9th. Zacks Investment Research lowered Logitech International SA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th. JPMorgan Chase & Co. reissued a “sell” rating and issued a $13.50 price target on shares of Logitech International SA in a research report on Wednesday. Finally, Sterne Agee CRT initiated coverage on Logitech International SA in a research report on Tuesday, April 5th. They issued a “neutral” rating and a $18.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.13.

The company has a 50-day moving average of $15.89 and a 200-day moving average of $15.46. The company has a market capitalization of $2.68 billion and a PE ratio of 23.20.

Logitech International SA (NASDAQ:LOGI) last posted its quarterly earnings results on Wednesday, April 27th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.10 by $0.04. On average, equities research analysts anticipate that Logitech International SA will post $1.02 earnings per share for the current year.

Several large investors recently bought and sold shares of the stock. Alpha Omega Wealth Management LLC bought a new stake in Logitech International SA during the fourth quarter valued at approximately $2,578,000. Liberty Mutual Group Asset Management Inc. bought a new stake in Logitech International SA during the fourth quarter valued at approximately $2,475,000. First Trust Advisors LP boosted its stake in Logitech International SA by 361.5% in the fourth quarter. First Trust Advisors LP now owns 162,467 shares of the company’s stock valued at $2,448,000 after buying an additional 127,261 shares in the last quarter. Schroder Investment Management Group boosted its stake in Logitech International SA by 1.1% in the fourth quarter. Schroder Investment Management Group now owns 3,020,138 shares of the company’s stock valued at $46,510,000 after buying an additional 33,829 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Logitech International SA by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,619 shares of the company’s stock valued at $4,395,000 after buying an additional 4,214 shares in the last quarter.

Logitech International SA (Logitech) is a Switzerland-based company that, together with its subsidiaries, develops and markets hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet.

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