Synaptics Incorporated (SYNA) : 3 brokerage houses believe that Synaptics Incorporated (SYNA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Synaptics Incorporated (SYNA). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.36.
Synaptics Incorporated (SYNA) : 9 investment research analysts covering Synaptics Incorporated (SYNA) have an average price target of $71.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $91 and the lowest target is $57 for the short term. Analysts expect the variance to be within $10.88 of the average price.
Company shares have received an average consensus rating of Hold for the current week Synaptics Incorporated (NASDAQ:SYNA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.56 and $54.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $55.78, notching a gain of 0.83% for the day. The total traded volume was 353,389 . The stock had closed at $55.32 on the previous day.
In a related news,The officer (See Remarks) of Synaptics Inc, Favre Ritu sold 3,259 shares at $54.35 on August 1, 2016. The Insider selling transaction had a total value worth of $177,127. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.