KeyBanc Believes Xilinx (XLNX) Still Has Room to Grow

In a report released today, John Vinh from KeyBanc maintained a Buy rating on Xilinx (NASDAQ: XLNX), with a price target of $90. The company’s shares closed yesterday at $79.14, close to its 52-week high of $79.88.

According to TipRanks.com, Vinh is a 4-star analyst with an average return of 13.0% and a 58.9% success rate. Vinh covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Skyworks Solutions, and Monolithic Power.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xilinx with a $82.88 average price target.

See today’s analyst top recommended stocks >>

Xilinx’s market cap is currently $20.02B and has a P/E ratio of 38.05. The company has a Price to Book ratio of 8.63.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Xilinx, Inc. engages in designing and developing programmable devices and associated technologies. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V. Barnett II in February 1984 and is headquartered in San Jose, CA.