Semtech Corporation (SMTC) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 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 3 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 3, which is also a Hold.
Semtech Corporation (SMTC) : The highest level Semtech Corporation (SMTC) is projected to reach is $32 for the short term and the lowest estimate is at $22. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $26.9 and the possibility the share price can swing is $3.65.
Shares of Semtech Corporation rose by 1.74% in the last five trading days and 8.72% for the last 4 weeks. Semtech Corporation is up 18.42% in the last 3-month period. Year-to-Date the stock performance stands at 39.01%. Semtech Corporation (NASDAQ:SMTC): On Tuesdays trading session , Opening price of the stock was $26.54 with an intraday high of $26.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $26.25. However, the stock managed to close at $26.3, a loss of 0.45% for the day. On the previous day, the stock had closed at $26.42. The total traded volume of the day was 325,695 shares.
Semtech Corporation is a supplier of analog and mixed-signal semiconductor products. The Company designs, develops and markets a range of products for commercial applications, which are sold into the enterprise computing, communications, high-end consumer and industrial end-markets. It offers datacenters, passive optical networks, notebooks, servers and other computer peripherals for the enterprise computing market. It offers base stations, optical networks, carrier networks, switches and routers, cable modems and other communication infrastructure equipment for communications market. It offers handheld products, smartphones, set-top boxes, digital televisions, and other consumer equipment for the high-end consumer market. It offers video broadcast studio equipment, automated meter reading, Internet of Things (IoT), smart grid, military and aerospace, medical, security systems, automotive, industrial and home automation and other industrial equipment for the industrial market.