B.Riley FBR analyst Josh Nichols reiterated a Buy rating on Kemet Corp (NYSE: KEM) yesterday and set a price target of $24.75. The company’s shares closed yesterday at $20.55.
According to TipRanks.com, Nichols is a 5-star analyst with an average return of 29.8% and a 55.1% success rate. Nichols covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, Pointer Telocation Ltd, and Immersion Corp.
Kemet Corp has an analyst consensus of Moderate Buy, with a price target consensus of $24.75.
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The company has a one-year high of $27.35 and a one-year low of $11.73. Currently, Kemet Corp has an average volume of 909.5K.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock.
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KEMET Corp. manufactures capacitors. The company’s product offerings include tantalum, multilayer ceramic, solid and electrolytic aluminum and film and paper capacitors. It manufactures a broad line of capacitors in many different sizes and configurations using a variety of raw materials.
