Himax Technologies (HIMX) Gets a Buy Rating from Robert W. Baird


Robert W. Baird analyst Tristan Gerra maintained a Buy rating on Himax Technologies (HIMX) today and set a price target of $10. The company’s shares opened today at $5.39, close to its 52-week low of $5.01.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 18.5% and a 60.9% success rate. Gerra covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Stmicroelectronics NV, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Himax Technologies with a $7.50 average price target.

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Himax Technologies’ market cap is currently $932.8M and has a P/E ratio of 35.08. The company has a Price to Book ratio of 2.13.

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Himax Technologies, Inc. engages in the development and trade of semiconductors. It operates through the Driver Integrated Circuit and Non-Driver Products segments.

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