Analysts Set NXP Semiconductors N.V. (NXPI) Target Price at $111.35

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) have received a consensus recommendation of “Hold” from the twenty-one research firms that are covering the firm, MarketBeat Ratings reports. Nineteen investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $111.35.

NXPI has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price target on the stock in a research note on Tuesday, October 31st. BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Stifel Nicolaus reiterated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research note on Wednesday, October 4th. KeyCorp reiterated a “hold” rating on shares of NXP Semiconductors in a research note on Friday, September 8th. Finally, Jefferies Group set a $110.00 price target on shares of NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, October 19th.

Shares of NXP Semiconductors (NXPI) traded up $0.44 during mid-day trading on Friday, reaching $116.79. 1,332,441 shares of the company’s stock traded hands, compared to its average volume of 2,749,813. The stock has a market cap of $39,446.02, a PE ratio of 20.41, a P/E/G ratio of 1.01 and a beta of 0.82. NXP Semiconductors has a 1-year low of $96.00 and a 1-year high of $118.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.59 and a current ratio of 2.04.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Fieldpoint Private Securities LLC purchased a new stake in shares of NXP Semiconductors during the 3rd quarter valued at about $113,000. TCI Wealth Advisors Inc. raised its position in shares of NXP Semiconductors by 4.6% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after buying an additional 52 shares in the last quarter. Risk Paradigm Group LLC raised its position in shares of NXP Semiconductors by 92.3% during the 3rd quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock valued at $135,000 after buying an additional 572 shares in the last quarter. Horan Capital Advisors LLC. purchased a new stake in shares of NXP Semiconductors during the 3rd quarter valued at about $136,000. Finally, Picton Mahoney Asset Management bought a new position in NXP Semiconductors during the 2nd quarter valued at about $165,000. Hedge funds and other institutional investors own 82.72% of the company’s stock.

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About NXP Semiconductors

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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