Xilinx Given New $39.00 Price Target at Mizuho (XLNX)
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James reiterated an outperform rating on shares of Xilinx in a research note to investors on Friday, March 1st. They now have a $39.00 price target on the stock. Separately, analysts at Bank of America upgraded shares of Xilinx from a neutral rating to a buy rating in a research note to investors on Tuesday, February 19th. They now have a $45.00 price target on the stock, up previously from $38.00. Finally, analysts at Zacks reiterated a neutral rating on shares of Xilinx in a research note to investors on Monday, January 21st. They now have a $39.00 price target on the stock.
Nine analysts have rated the stock with a buy rating, three have given an overweight rating, and eighteen have given a hold rating to the company. Xilinx presently has an average rating of overweight and a consensus target price of $38.84.
Shares of Xilinx traded down 0.50% during mid-day trading on Wednesday, hitting $38.05. Xilinx has a one year low of $30.25 and a one year high of $39.43. The stock’s 50-day moving average is currently $37.23. The company has a market cap of $9.952 billion and a P/E ratio of 21.73.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 5th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Monday, May 13th. This is a positive change from Xilinx’s previous quarterly dividend of $0.22.
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