Price Target Update on NXP Semiconductors N.V. (NASDAQ:NXPI)

NXP Semiconductors N.V. (NASDAQ:NXPI) stock is expected to deviate a maximum of $9.75 from the average target price of $107.27 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $130 and the most muted being $94.

Other Equity analysts have also commented on the company shares. CLSA initiates coverage on NXP Semiconductors N.V. (NASDAQ:NXPI). The rating major has initiated the coverage with buy rating on the shares. The Analysts at CLSA announces a current price target of $105 per share. The rating by the firm was issued on May 17, 2016.

NXP Semiconductors N.V. (NASDAQ:NXPI): stock turned positive on Thursday. Though the stock opened at $86.79, the bulls momentum made the stock top out at $87.39 level for the day. The stock recorded a low of $86.57 and closed the trading day at $87.36, in the green by 1.68%. The total traded volume for the day was 3,102,694. The stock had closed at $85.92 in the previous days trading.

The company shares have dropped -16.28% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $103.83 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $87.95 and the 200 Day Moving Average price is recorded at $81.02.

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products, High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices, which can be incorporated in many different types of electronics equipment and, which are sold to a range of customers, both directly and through distributors.

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