In a report released yesterday, Rick Schafer from Oppenheimer maintained a Hold rating on Microsemi (NASDAQ: MSCC). The company’s shares closed yesterday at $65.05, close to its 52-week high of $67.52.
According to TipRanks.com, Schafer is a top 100 analyst with an average return of 15.6% and a 68.5% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.
Microsemi has an analyst consensus of Hold, with a price target consensus of $68.71.
See today’s analyst top recommended stocks >>
The company has a one-year high of $67.52 and a one-year low of $46.09. Currently, Microsemi has an average volume of 3.35M.
Based on the recent corporate insider activity of 80 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.
Microsemi Corp. designs, manufactures, and markets analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. Its products include radio frequency and power components, analog and RF integrated circuits, standard and customizable system-on-chip solutions, and mixed-signal and radiation-tolerant field programmable gate arrays. It also offers subsystems and modules that include application-specific power modules and Power-over-Ethernet midspans. The company was founded in 1960 and is headquartered in Aliso Viejo, CA.
