Credit Suisse Group Lowers Dialog Semiconduct (DLGNF) to Neutral

Credit Suisse Group downgraded shares of Dialog Semiconduct (OTCMKTS:DLGNF) from an outperform rating to a neutral rating in a research report released on Wednesday morning, MarketBeat Ratings reports.

Several other research analysts also recently commented on DLGNF. JPMorgan Chase & Co. restated a buy rating on shares of Dialog Semiconduct in a research report on Wednesday, September 13th. Zacks Investment Research upgraded shares of Dialog Semiconduct from a sell rating to a hold rating in a report on Tuesday, September 26th. DZ Bank reiterated a buy rating on shares of Dialog Semiconduct in a report on Thursday, October 19th. ValuEngine upgraded shares of Dialog Semiconduct from a hold rating to a buy rating in a report on Wednesday, November 15th. Finally, Royal Bank of Canada reiterated a sector perform rating on shares of Dialog Semiconduct in a report on Tuesday, December 5th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Buy and an average target price of $35.00.

Shares of Dialog Semiconduct (DLGNF) remained flat at $$31.17 on Wednesday. 218 shares of the company were exchanged, compared to its average volume of 4,366. Dialog Semiconduct has a 1 year low of $26.06 and a 1 year high of $53.00.

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Dialog Semiconduct Company Profile

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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