Benchmark Co. analyst Mark Miller maintained a Hold rating on Western Digital (WDC) today. The company’s shares closed yesterday at $50.11.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 21.8% and a 68.8% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and MKS Instruments.
Currently, the analyst consensus on Western Digital is a Moderate Buy with an average price target of $54.73, representing a 9.2% upside. In a report issued on March 27, Goldman Sachs also maintained a Hold rating on the stock with a $49 price target.
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The company has a one-year high of $92.06 and a one-year low of $33.83. Currently, Western Digital has an average volume of 7.32M.
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Western Digital Corp. engages in the manufacture, market, and sale of data storage devices and solutions. Its product portfolio includes hard disk drives, solid-state drives marketed under the HGST, WD and G-Technology brands.
