In a report released today, Nehal Chokshi from Maxim Group maintained a Hold rating on Logitech (LOGI), with a price target of $34. The company’s shares closed on Friday at $37.06.
Chokshi noted:
“We maintain our Hold rating on Logitech International (LOGI), though raise our price target to $34, from $31, following the company’s investor day on Wednesday, March 6.”
According to TipRanks.com, Chokshi is a 4-star analyst with an average return of 9.1% and a 55.2% success rate. Chokshi covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Palo Alto Networks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Logitech with a $46.20 average price target.
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The company has a one-year high of $49.96 and a one-year low of $29.06. Currently, Logitech has an average volume of 289K.
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Logitech International SA is a holding company, which engages in designing, manufacturing and marketing products that help connect people to digital and cloud experiences. It offers headsets, speakers, mice, keyboards, and webcams.
