NXP Semiconductors NV (NASDAQ:NXPI) Has Just Had Its Price Target Heightened by Investment Analysts at Stifel Nicolaus to $110.00

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Stock Analysis:NXP Semiconductors NV (NASDAQ:NXPI) Stock Target Has Just Been Increased

In analysts report sent to clients and investors by Stifel Nicolaus on Thursday morning, NXP Semiconductors NV (NASDAQ:NXPI) had its Estimated Target Price hiked to $110.00. The firm currently has a solid “Buy” rating on shares.

From a total of 24 analysts covering NXP Semiconductors NV (NASDAQ:NXPI) stock, 21 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 91% of the ratings are positive. The highest target price is $120 while the lowest target price is $85. The mean of all analyst targets is $106.04 with a 32.54% above today’s ($89.03) stock price. NXP Semiconductors NV was the topic of 12 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. FBR Capital maintained shares on November 18 with “Outperform” rating. SunTrust maintained shares with “Buy” rating and $140 target share price in a report from a September 1. Canaccord Genuity maintained NXPI stock in a recent report from October 30 with “Buy” rating. Finally, Sterne Agee CRT initiated the stock with “Buy” rating in a report issued on a September 9.

Approximately 1.93M shares of stock traded hands. NXP Semiconductors NV (NASDAQ:NXPI) has declined 14.39% since May 7, 2015 and is downtrending. It has underperformed by 12.46% the S&P500.

NXP Semiconductors N.V. is a holding company. The company has a market cap of $22.23 billion. The Firm is a semiconductor company. It has 30.92 P/E ratio. The Firm provides high performance mixed signal and standard product solutions.

According to Zacks Investment Research, “NXP Semiconductors N.V. is a global semiconductor company. The Company designs and manufactures High Performance Mixed Signal semiconductor solutions to meet the requirements of systems and sub-systems in its target markets. High Performance Mixed Signal solutions are an optimized mix of analog and digital functionality integrated into a system or sub-system. The Company’s expertise is in RF, analog, power management, interface, security and digital processing products. NXP’s solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company claims to provide its customers improved power efficiency, functional performance, miniaturization, quality, durability and adaptability in their electronic systems and application solutions. NXP is based in Eindhoven, the Netherlands, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe.” Get a free copy of the Zacks research report on NXP Semiconductors NV (NXPI).

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