Xilinx (XLNX) : 16 analysts are covering Xilinx (XLNX) and their average rating on the stock is 2.44, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Xilinx (XLNX) : Average target price received by Xilinx (XLNX) is $50.29 with an expected standard deviation of $4.76. The most aggressive target on the stock is $60, whereas the most downbeat target is $42. 14 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Xilinx (NASDAQ:XLNX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.50 and $51.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.83, notching a gain of 0.35% for the day. The total traded volume was 1,035,346 . The stock had closed at $51.65 on the previous day.
In a related news, The 0, of Xilinx Inc, Howard William G Jr had unloaded 12,000 shares at $51.15 per share in a transaction on August 1, 2016. The total value of transaction was $613,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.