M A-COM Tech (NASDAQ:MTSI) Rating Reaffirmed
They currently have a $44 PT on M A-COM Tech (NASDAQ:MTSI). The target price by Stifel would suggest a potential upside of 20.02% from the company’s last stock close price. This has been revealed to investors in a recent report on Thursday morning.
From a total of 9 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $43 while the lowest target price is $36. The mean of all analyst targets is $39.17 with a 4.56% above today’s ($36.66) stock price. M/A-Com Technology Solutions Holdings was the topic of 5 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on October 13 with “Outperform” rating. Needham maintained MTSI stock in a recent report from August 18 with “Buy” rating.
The stock decreased 0.19% or $0.07 during the last trading session, striking $36.66. Approximately shares of stock traded hands. M A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) has risen 20.32% since April 30, 2015 and is uptrending. It has outperformed by 20.60% the S&P500.
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 company has a market cap of $1.95 billion. The Company’s semiconductor products are electronic components which includes point-to-point wireless backhaul radios, radar, automobile navigation systems, digital cable television set-top boxes, magnetic resonance imaging systems and unmanned aerial vehicles. It currently has negative earnings. The Firm 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.
According to Zacks Investment Research, “M/A-COM Technology Solutions Holdings, Inc. provides analog semiconductor solutions for use in wireless and wireline applications across the RF, microwave and millimeterwave spectrum. The Company’s primary markets are Networks which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications, A&D and Multi-market, which includes automotive, industrial, medical, mobile and scientific applications. It’s product lines include active splitter, amplifier, attenuator, automotive module, capacitor, component, coupler, diode, down converter IC, filter, frequency multiplier, hybrid voltage controlled oscillator, integrated receiver IC, modulator/demodulator, optical modulator driver, phase shifter, power combiner, power detector, power divider, power hybrid pallet, power hybrid transistor, switch, synthesizer, transceiver, transformer, upconverter IC and voltage controlled oscillator. M/A-COM Technology Solutions Holdings, Inc. and is headquartered in Lowell, Massachusetts.” Get a free copy of the Zacks research report on M A-COM Technology Solutions Hldgs Inc (MTSI).