National Instruments Corporation (NATI) : The consensus on National Instruments Corporation (NATI) based on 2 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
National Instruments Corporation (NATI) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $32 and the lowest price target forecast is $30. The average forecast of all the analysts is $31 and the expected standard deviation is $1.41.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Stifel Nicolaus maintains its rating on National Instruments Corporation (NASDAQ:NATI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Stifel Nicolaus lowers the new price target from $33 per share to $32 per share. The rating by the firm was issued on July 28, 2016.
National Instruments Corporation (NASDAQ:NATI): The stock opened at $28.1 and touched an intraday high of $28.16 on Wednesday. During the day, the stock corrected to an intraday low of $27.89, however, the bulls stepped in and pushed the price higher to close in the green at $28.06 with a gain of 0.07% for the day. The total traded volume for the day was 940,676. The stock had closed at $28.04 in the previous trading session.
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.