Xperi (NASDAQ:XPER) Price Target Lowered to $28.00 at B. Riley
Xperi (NASDAQ:XPER) had its target price decreased by stock analysts at B. Riley from $30.00 to $28.00 in a note issued to investors on Thursday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. B. Riley’s price target indicates a potential upside of 30.48% from the company’s previous close.
A number of other analysts also recently issued reports on the company. Zacks Investment Research downgraded Xperi from a “strong-buy” rating to a “hold” rating in a report on Saturday, October 12th. BidaskClub upgraded Xperi from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, ValuEngine cut Xperi from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Xperi has an average rating of “Hold” and a consensus price target of $30.60.
Shares of XPER traded up $0.12 during midday trading on Thursday, hitting $21.46. 291,300 shares of the stock were exchanged, compared to its average volume of 407,309. The firm has a market cap of $1.05 billion, a P/E ratio of 8.65 and a beta of 0.34. The company has a debt-to-equity ratio of 0.69, a quick ratio of 7.58 and a current ratio of 7.58. The stock has a fifty day simple moving average of $20.57 and a 200 day simple moving average of $20.97. Xperi has a 52-week low of $12.61 and a 52-week high of $25.84.
Xperi Company Profile
Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.
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