NXP Semiconductors (NXPI) Downgraded by BidaskClub to Sell
BidaskClub lowered shares of NXP Semiconductors (NASDAQ:NXPI) from a hold rating to a sell rating in a research report sent to investors on Wednesday morning.
Several other equities analysts have also recently commented on NXPI. Robert W. Baird restated a hold rating on shares of NXP Semiconductors in a research report on Friday, February 23rd. Jefferies Group restated a hold rating on shares of NXP Semiconductors in a research report on Tuesday. Zacks Investment Research raised shares of NXP Semiconductors from a sell rating to a hold rating in a report on Thursday, February 1st. Sanford C. Bernstein set a $125.00 price target on shares of NXP Semiconductors and gave the company a hold rating in a report on Thursday, February 8th. Finally, SunTrust Banks lifted their price target on shares of NXP Semiconductors to $127.50 and gave the company a hold rating in a report on Tuesday, February 20th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $117.00.
Shares of NXP Semiconductors (NXPI) traded up $0.32 during trading hours on Wednesday, hitting $124.09. 2,900,000 shares of the stock traded hands, compared to its average volume of 4,810,000. The firm has a market cap of $43,050.00, a PE ratio of 19.33, a PEG ratio of 0.95 and a beta of 0.67. The company has a quick ratio of 1.77, a current ratio of 2.22 and a debt-to-equity ratio of 0.42. NXP Semiconductors has a one year low of $102.60 and a one year high of $125.93.
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NXP Semiconductors Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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