NXP Semiconductors (NXPI) Given a $125.00 Price Target by Sanford C. Bernstein Analysts

Sanford C. Bernstein set a $125.00 price objective on NXP Semiconductors (NASDAQ:NXPI) in a research note released on Thursday morning. The firm currently has a hold rating on the semiconductor provider’s stock.

Several other research analysts have also recently issued reports on NXPI. Needham & Company LLC reiterated a strong-buy rating and issued a $130.00 price objective (up previously from $110.00) on shares of NXP Semiconductors in a research report on Thursday, February 1st. Zacks Investment Research upgraded NXP Semiconductors from a sell rating to a hold rating in a research report on Thursday, February 1st. BidaskClub upgraded NXP Semiconductors from a strong sell rating to a sell rating in a research report on Monday. Jefferies Group set a $110.00 price objective on NXP Semiconductors and gave the stock a hold rating in a research report on Thursday, October 19th. Finally, Robert W. Baird reiterated a hold rating and issued a $110.00 price objective on shares of NXP Semiconductors in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $115.71.

NXP Semiconductors (NASDAQ:NXPI) traded down $0.80 during trading on Thursday, hitting $115.14. The stock had a trading volume of 2,358,191 shares, compared to its average volume of 2,691,920. The stock has a market capitalization of $39,870.00, a PE ratio of 17.95, a PEG ratio of 0.86 and a beta of 0.72. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.04 and a quick ratio of 1.59. NXP Semiconductors has a twelve month low of $101.75 and a twelve month high of $121.50.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of NXP Semiconductors by 40.9% during the second quarter. Vanguard Group Inc. now owns 1,399,141 shares of the semiconductor provider’s stock valued at $153,136,000 after acquiring an additional 406,015 shares during the last quarter. QS Investors LLC boosted its stake in NXP Semiconductors by 30.4% in the 2nd quarter. QS Investors LLC now owns 5,142 shares of the semiconductor provider’s stock worth $563,000 after buying an additional 1,200 shares during the last quarter. Janus Henderson Group PLC boosted its stake in NXP Semiconductors by 169.8% in the 2nd quarter. Janus Henderson Group PLC now owns 100,234 shares of the semiconductor provider’s stock worth $10,967,000 after buying an additional 63,078 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in NXP Semiconductors in the 2nd quarter worth about $412,000. Finally, The Manufacturers Life Insurance Company boosted its stake in NXP Semiconductors by 43.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 209,906 shares of the semiconductor provider’s stock worth $22,974,000 after buying an additional 63,665 shares during the last quarter. Institutional investors and hedge funds own 82.86% of the company’s stock.

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NXP Semiconductors Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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