NXP Semiconductors (NXPI) Receives a Hold from Oppenheimer


Oppenheimer analyst Rick Schafer maintained a Hold rating on NXP Semiconductors (NXPI) yesterday. The company’s shares closed last Monday at $120.24.

According to TipRanks.com, Schafer is a top 100 analyst with an average return of 18.2% and a 75.0% success rate. Schafer covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Akoustis Technologies, and Skyworks Solutions.

Currently, the analyst consensus on NXP Semiconductors is a Strong Buy with an average price target of $127.53, representing an 9.0% upside. In a report issued on July 16, Stifel Nicolaus also maintained a Hold rating on the stock with a $120.00 price target.

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The company has a one-year high of $139.59 and a one-year low of $58.41. Currently, NXP Semiconductors has an average volume of 4.47M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.

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NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. It focuses on high performance mixed signal (HMPS), which delivers high performance mixed signal solutions to its customers to satisfy their system and sub-systems needs across the application areas such as automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones. Its products include Arm Processors, Arm MCUs, and Power Architecture. The company was founded on August 2, 2006 and is headquartered in Eindhoven, the Netherlands.

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