Intel (NASDAQ:INTC)‘s stock had its “neutral” rating reaffirmed by analysts at Royal Bank of Canada in a research note issued to investors on Friday. They presently have a $55.00 price target on the chip maker’s stock. Royal Bank of Canada’s target price indicates a potential upside of 25.00% from the stock’s previous close.

A number of other research analysts also recently commented on the company. Macquarie restated a “buy” rating and set a $60.00 price objective on shares of Intel in a research note on Friday. BNP Paribas set a $54.00 price objective on Intel and gave the stock a “hold” rating in a research note on Thursday, October 4th. JPMorgan Chase & Co. restated a “buy” rating and set a $68.00 price objective on shares of Intel in a research note on Monday, October 1st. Stifel Nicolaus restated a “neutral” rating and set a $52.00 price objective on shares of Intel in a research note on Monday, October 1st. Finally, Wells Fargo & Co set a $55.00 price objective on Intel and gave the stock a “buy” rating in a research note on Monday, October 1st. Six equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty have issued a buy rating to the company’s stock. Intel currently has an average rating of “Hold” and an average price target of $55.08.

INTC traded down $0.97 during trading on Friday, reaching $44.00. 28,268,402 shares of the company were exchanged, compared to its average volume of 29,900,042. The company has a market cap of $210.38 billion, a P/E ratio of 12.72, a PEG ratio of 1.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.15. Intel has a 52 week low of $40.10 and a 52 week high of $57.60.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 26th. The chip maker reported $1.04 EPS for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.05. The firm had revenue of $16.96 billion during the quarter, compared to the consensus estimate of $16.78 billion. Intel had a return on equity of 27.33% and a net margin of 20.07%. The firm’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 EPS. As a group, research analysts anticipate that Intel will post 4.16 earnings per share for the current year.

In other news, EVP Navin Shenoy sold 601 shares of the company’s stock in a transaction on Monday, July 30th. The stock was sold at an average price of $47.69, for a total value of $28,661.69. Following the completion of the sale, the executive vice president now owns 40,903 shares in the company, valued at $1,950,664.07. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Steven Ralph Rodgers sold 1,251 shares of the company’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $48.37, for a total value of $60,510.87. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,077 shares of company stock valued at $205,757. Insiders own 0.03% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. DeDora Capital Inc. lifted its holdings in shares of Intel by 70.3% during the third quarter. DeDora Capital Inc. now owns 26,497 shares of the chip maker’s stock valued at $1,253,000 after purchasing an additional 10,934 shares during the last quarter. West Coast Financial LLC lifted its holdings in shares of Intel by 8.8% during the third quarter. West Coast Financial LLC now owns 203,001 shares of the chip maker’s stock valued at $9,600,000 after purchasing an additional 16,342 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI lifted its holdings in shares of Intel by 0.5% during the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 336,481 shares of the chip maker’s stock valued at $15,912,000 after purchasing an additional 1,749 shares during the last quarter. Cullinan Associates Inc. lifted its holdings in shares of Intel by 8.0% during the third quarter. Cullinan Associates Inc. now owns 351,345 shares of the chip maker’s stock valued at $16,615,000 after purchasing an additional 25,902 shares during the last quarter. Finally, Reilly Financial Advisors LLC lifted its holdings in shares of Intel by 10.0% during the third quarter. Reilly Financial Advisors LLC now owns 53,697 shares of the chip maker’s stock valued at $2,539,000 after purchasing an additional 4,870 shares during the last quarter. Institutional investors and hedge funds own 65.44% of the company’s stock.

About Intel

Intel Corporation designs, manufactures, and sells computer, networking, data storage, and communication platforms worldwide. The company operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments.

Read More: Average Daily Trade Volume Explained

Analyst Recommendations for Intel (NASDAQ:INTC)

Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.