NXP Semiconductors Gets a Hold Rating from BMO Capital


BMO Capital analyst Ambrish Srivastava reiterated a Hold rating on NXP Semiconductors (NASDAQ: NXPI) today and set a price target of $100. The company’s shares closed yesterday at $92.81, close to its 52-week low of $90.25.

According to TipRanks.com, Srivastava is a 4-star analyst with an average return of 12.5% and a 74.3% success rate. Srivastava covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Skyworks Solutions, and Texas Instruments.

NXP Semiconductors has an analyst consensus of Moderate Buy, with a price target consensus of $112.50, a 21.2% upside from current levels. In a report issued on July 23, Deutsche Bank also maintained a Hold rating on the stock.

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The company has a one-year high of $125.93 and a one-year low of $90.25. Currently, NXP Semiconductors has an average volume of 8.27M.

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NXP Semiconductors NV is a holding company, which engages in the development, manufacture, and provision of mixed-signal semiconductor solutions. It operates through the following segments: High Performance Mixed Signal, Standard Products, and Corporate and Other.

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