Susquehanna analyst Mehdi Hosseini reiterated a Buy rating on Universal Display (OLED) today and set a price target of $180. The company’s shares closed yesterday at $155.34, close to its 52-week high of $162.30.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.1% and a 47.8% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.
Currently, the analyst consensus on Universal Display is a Strong Buy with an average price target of $158.
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The company has a one-year high of $162.30 and a one-year low of $78.75. Currently, Universal Display has an average volume of 832.2K.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.
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Universal Display Corp. engages in research, development and commercialization of organic light emitting diode, technologies and materials. It also develops and licenses proprietary OLED technologies to manufacturers of products for display applications, such as cell phones, portable media devices, tablets, laptop computers and televisions and specialty and general lighting products. The company was founded by Sherwin I. Seligsohn in 1994 and is headquartered in Ewing, NJ.
