Needham Maintains Their Hold Rating on Silicon Laboratories (SLAB)


Needham analyst Rajvindra Gill maintained a Hold rating on Silicon Laboratories (SLAB) yesterday. The company’s shares closed yesterday at $110.04, close to its 52-week high of $110.70.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 12.2% and a 60.4% success rate. Gill covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies Inc, and Smart Global Holdings Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Silicon Laboratories with a $103.75 average price target.

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Silicon Laboratories’ market cap is currently $4.74B and has a P/E ratio of 58.04. The company has a Price to Book ratio of 4.44.

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Silicon Laboratories, Inc. designs and develops analog-intensive and mixed-signal integrated circuits. It offers microcontrollers, wireless, sensors, USB bridges, analog, clocks and oscillators, isolators, power, audio & radio, modems and TV & Video product categories.

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