Seagate Technology. (STX) : The highest short term price target forecast on Seagate Technology. (STX) is $45 and the lowest target price is $27. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $32.5 with a standard deviation of $5.09.
Seagate Technology. (STX) : The consensus on Seagate Technology. (STX) based on 21 analyst recommendation on the company stock is 2.86, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 14 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Seagate Technology. (STX).
Also, Barclays maintains their rating on the shares of Seagate Technology. (NASDAQ:STX). The current rating of the shares is Equal-weight. Equity Analysts at the Firm raises the price target to $36 per share from $34 per share. The rating by the firm was issued on August 16, 2016.
Seagate Technology. (NASDAQ:STX): The stock opened at $33.76 on Thursday but the bulls could not build on the opening and the stock topped out at $34.08 for the day. The stock traded down to $33.34 during the day, due to lack of any buying support eventually closed down at $33.71 with a loss of -0.09% for the day. The stock had closed at $33.74 on the previous day. The total traded volume was 4,149,525 shares.
Seagate Technology plc (Seagate) is a provider of electronic data storage products. The Companys products are hard disk drives (HDD). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers. The Companys products are designed for enterprise servers and storage systems for applications, client compute applications and client non-compute applications. The Companys product and solution portfolio for the enterprise data storage industry includes storage enclosures, integrated application platforms and high performance computing (HPC) data storage solutions. Its data storage services provide online backup, data protection and recovery solutions for small to medium-sized businesses. Its products include Enterprise Performance HDDs, Mobile HDDs and SSHDs, NAS HDDs, and Surveillance HDDs, among others.