Intel Corporation (INTC) has an average broker rating of 1.92, which is interpreted as a Buy, as rated by 32 equity analysts. Nonetheless, 19 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Intel Corporation (INTC) : The most positive equity analysts on Intel Corporation (INTC) expects the shares to touch $45, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 29 Wall Street Brokerage Firms. The average price target for shares are $37.59 with an expected fluctuation of $3.42 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Intel Corporation (NASDAQ:INTC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.66 and $34.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.68, notching a gain of 0.43% for the day. The total traded volume was 16,364,120 . The stock had closed at $34.53 on the previous day.
In a related news, The officer (EVP, Pres Client & IOT & SAG), of Intel Corp, Renduchintala Venkata S M had unloaded 13,997 shares at $34.71 per share in a transaction on July 28, 2016. The total value of transaction was $485,836. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.