Bank of America Reiterates “€21.30” Price Target for Dialog Semiconductor (DLG)

Bank of America set a €21.30 ($25.36) price objective on Dialog Semiconductor (ETR:DLG) in a research note issued to investors on Friday morning. The firm currently has a sell rating on the stock.

A number of other brokerages also recently commented on DLG. JPMorgan Chase & Co. set a €52.00 ($61.90) price objective on Dialog Semiconductor and gave the stock a buy rating in a research report on Tuesday, November 7th. Barclays set a €51.00 ($60.71) price objective on Dialog Semiconductor and gave the stock a buy rating in a research report on Wednesday, November 8th. Deutsche Bank set a €40.00 ($47.62) price objective on Dialog Semiconductor and gave the stock a neutral rating in a research report on Wednesday, November 8th. Morgan Stanley set a €55.00 ($65.48) price objective on Dialog Semiconductor and gave the stock a buy rating in a research report on Wednesday, November 8th. Finally, Baader Bank set a €47.00 ($55.95) price objective on Dialog Semiconductor and gave the stock a neutral rating in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €35.71 ($42.51).

Dialog Semiconductor (DLG) opened at €26.22 ($31.21) on Friday. The firm has a market capitalization of $1,990.00 and a P/E ratio of 17.72. Dialog Semiconductor has a 1 year low of €21.62 ($25.74) and a 1 year high of €52.35 ($62.32).

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About Dialog Semiconductor

Dialog Semiconductor Plc develops and distributes standard and custom highly integrated, mixed signal integrated circuits (ICs) for personal, portable, hand-held devices, Internet of Things (IoT), Smart Home, LED solid-state lighting (SSL) and automotive applications worldwide. It operates through four segments: Mobile Systems, Automotive & Industrial, Connectivity, and Power Conversion.

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