Susquehanna analyst Christopher Rolland reiterated a Hold rating on Synaptics Inc (SYNA) today and set a price target of $36. The company’s shares opened today at $38.33.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 9.8% and a 63.0% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Power Integrations, Skyworks Solutions, and Lattice Semicon.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Synaptics Inc with a $46.71 average price target, representing a 21.9% upside. In a report released today, Mizuho Securities also downgraded the stock to Hold with a $39 price target.
See today’s analyst top recommended stocks >>
Based on Synaptics Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $12.8 million. In comparison, last year the company had a GAAP net loss of $82.4 million.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is neutral on the stock. Most recently, in January 2019, Francis Lee, a Director at SYNA bought 6,000 shares for a total of $138,960.
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.
Synaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices.
