Stifel Nicolaus Remains a Hold on Kemet Corp


Stifel Nicolaus analyst Matthew Sheerin reiterated a Hold rating on Kemet Corp (NYSE: KEM) on July 16 and set a price target of $24. The company’s shares opened today at $29.50, close to its 52-week high of $29.85.

According to TipRanks.com, Sheerin is a 5-star analyst with an average return of 15.8% and a 72.7% success rate. Sheerin covers the Consumer Goods sector, focusing on stocks such as TTM Technologies, Pure Storage Inc, and AVX Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kemet Corp with a $24.38 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $29.85 and a one-year low of $13.73. Currently, Kemet Corp has an average volume of 1.31M.

Based on the recent corporate insider activity of 61 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.

KEMET Corp. engages in the manufacture of passive electronic components. It operates through the following segments: Solid Capacitors; Film and Electrolytic Segment; and Electro-Magnetic, Sensors, and Actuators Segment. The Solid Capacitors produces tantalum, aluminum, polymer and ceramic capacitors which are sold globally.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts