M/A-COM Technology Solutions Holdings (MTSI) : 6 analysts are covering M/A-COM Technology Solutions Holdings (MTSI) and their average rating on the stock is 1.5, which is read as a Strong Buy. 4 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. M/A-COM Technology Solutions Holdings (MTSI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. 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. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
M/A-COM Technology Solutions Holdings (MTSI) stock is expected to deviate a maximum of $3.63 from the average target price of $47.14 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $52 and the most muted being $42.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Bank of America downgrades its ratings on M/A-COM Technology Solutions Holdings (NASDAQ:MTSI). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 27, 2016.
M/A-COM Technology Solutions Holdings (NASDAQ:MTSI): stock was range-bound between the intraday low of $42.782 and the intraday high of $44.1 after having opened at $43.82 on Wednesdays session. The stock finally closed in the red at $43.82, a loss of -0.43%. The stock remained in the red for the whole trading day. The total traded volume was 366,405 shares. The stock failed to cross $44.1 in Wednesdays trading. The stocks closing price on Thursday was $43.74.
M/A-COM Technology Solutions Holdings, Inc. is a supplier of analog semiconductor solutions for use in wireless and wireline applications across the radio microwave and millimeter wave spectrum. The Companys semiconductor products are electronic components which includes point-to-point wireless backhaul radios, radar, automobile navigation systems, digital cable television (CATV) set-top boxes, magnetic resonance imaging systems and unmanned aerial vehicles. The Company operates in four markets: Networks, which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications; Aerospace and Defense; Automotive, which includes global positioning system modules sold to the automotive industry; and Multi-market, which includes industrial, medical, mobile communications and scientific applications. The Company serves systems manufacturers, OEMs, contract manufacturers and distributors.