Intel Corporation (INTC) Rating Reiterated by Mizuho

Intel Corporation (NASDAQ:INTC)‘s stock had its “buy” rating reiterated by analysts at Mizuho in a research report issued on Monday. They presently have a $45.00 price objective on the chip maker’s stock, up from their previous price objective of $42.00. Mizuho’s target price points to a potential upside of 13.49% from the stock’s previous close.

A number of other equities analysts have also weighed in on INTC. B. Riley restated a “buy” rating and set a $46.00 price target on shares of Intel Corporation in a research report on Friday, July 28th. BidaskClub upgraded shares of Intel Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Vetr lowered shares of Intel Corporation from a “strong-buy” rating to a “buy” rating and set a $40.26 price target on the stock. in a research report on Tuesday, August 8th. Sanford C. Bernstein set a $30.00 price target on shares of Intel Corporation and gave the stock a “sell” rating in a research report on Tuesday, August 15th. Finally, Goldman Sachs Group, Inc. (The) restated a “hold” rating on shares of Intel Corporation in a research report on Wednesday, August 9th. Five research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $40.71.

Shares of Intel Corporation (NASDAQ:INTC) opened at 39.65 on Monday. The stock has a market capitalization of $186.32 billion, a PE ratio of 15.13 and a beta of 1.07. The stock’s 50 day moving average is $36.76 and its 200 day moving average is $35.86. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $39.95.

Intel Corporation (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 27th. The chip maker reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The firm had revenue of $14.76 billion for the quarter, compared to analyst estimates of $14.39 billion. Intel Corporation had a net margin of 20.60% and a return on equity of 21.86%. Intel Corporation’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 earnings per share. Analysts anticipate that Intel Corporation will post $3.01 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://ledgergazette.com/2017/10/11/intel-corporation-intc-rating-reiterated-by-mizuho.html.

In other Intel Corporation news, EVP Diane M. Bryant sold 2,119 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $34.68, for a total transaction of $73,486.92. Following the sale, the executive vice president now directly owns 108,471 shares of the company’s stock, valued at approximately $3,761,774.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian M. Krzanich sold 61,860 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $38.74, for a total transaction of $2,396,456.40. Following the sale, the chief executive officer now directly owns 543,948 shares in the company, valued at $21,072,545.52. The disclosure for this sale can be found here. Insiders have sold a total of 81,608 shares of company stock valued at $3,095,110 over the last 90 days. 0.08% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the business. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of Intel Corporation by 5.7% during the 3rd quarter. First National Bank of Mount Dora Trust Investment Services now owns 139,258 shares of the chip maker’s stock worth $5,303,000 after purchasing an additional 7,479 shares during the last quarter. Fulton Bank N.A. boosted its stake in shares of Intel Corporation by 2.3% during the 3rd quarter. Fulton Bank N.A. now owns 93,293 shares of the chip maker’s stock worth $3,553,000 after purchasing an additional 2,094 shares during the last quarter. Beacon Financial Group boosted its stake in shares of Intel Corporation by 39.5% during the 3rd quarter. Beacon Financial Group now owns 44,367 shares of the chip maker’s stock worth $1,689,000 after purchasing an additional 12,571 shares during the last quarter. Eqis Capital Management Inc. boosted its stake in shares of Intel Corporation by 8.2% during the 3rd quarter. Eqis Capital Management Inc. now owns 97,326 shares of the chip maker’s stock worth $3,706,000 after purchasing an additional 7,413 shares during the last quarter. Finally, Curbstone Financial Management Corp boosted its stake in shares of Intel Corpo

A number of other equities analysts have also weighed in on INTC. B. Riley restated a “buy” rating and set a $46.00 price target on shares of Intel Corporation in a research report on Friday, July 28th. BidaskClub upgraded shares of Intel Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Vetr lowered shares of Intel Corporation from a “strong-buy” rating to a “buy” rating and set a $40.26 price target on the stock. in a research report on Tuesday, August 8th. Sanford C. Bernstein set a $30.00 price target on shares of Intel Corporation and gave the stock a “sell” rating in a research report on Tuesday, August 15th. Finally, Goldman Sachs Group, Inc. (The) restated a “hold” rating on shares of Intel Corporation in a research report on Wednesday, August 9th. Five research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $40.71.

Shares of Intel Corporation (NASDAQ:INTC) opened at 39.65 on Monday. The stock has a market capitalization of $186.32 billion, a PE ratio of 15.13 and a beta of 1.07. The stock’s 50 day moving average is $36.76 and its 200 day moving average is $35.86. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $39.95.

Intel Corporation (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 27th. The chip maker reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The firm had revenue of $14.76 billion for the quarter, compared to analyst estimates of $14.39 billion. Intel Corporation had a net margin of 20.60% and a return on equity of 21.86%. Intel Corporation’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 earnings per share. Analysts anticipate that Intel Corporation will post $3.01 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://ledgergazette.com/2017/10/11/intel-corporation-intc-rating-reiterated-by-mizuho.html.

In other Intel Corporation news, EVP Diane M. Bryant sold 2,119 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $34.68, for a total transaction of $73,486.92. Following the sale, the executive vice president now directly owns 108,471 shares of the company’s stock, valued at approximately $3,761,774.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian M. Krzanich sold 61,860 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $38.74, for a total transaction of $2,396,456.40. Following the sale, the chief executive officer now directly owns 543,948 shares in the company, valued at $21,072,545.52. The disclosure for this sale can be found here. Insiders have sold a total of 81,608 shares of company stock valued at $3,095,110 over the last 90 days. 0.08% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the business. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of Intel Corporation by 5.7% during the 3rd quarter. First National Bank of Mount Dora Trust Investment Services now owns 139,258 shares of the chip maker’s stock worth $5,303,000 after purchasing an additional 7,479 shares during the last quarter. Fulton Bank N.A. boosted its stake in shares of Intel Corporation by 2.3% during the 3rd quarter. Fulton Bank N.A. now owns 93,293 shares of the chip maker’s stock worth $3,553,000 after purchasing an additional 2,094 shares during the last quarter. Beacon Financial Group boosted its stake in shares of Intel Corporation by 39.5% during the 3rd quarter. Beacon Financial Group now owns 44,367 shares of the chip maker’s stock worth $1,689,000 after purchasing an additional 12,571 shares during the last quarter. Eqis Capital Management Inc. boosted its stake in shares of Intel Corporation by 8.2% during the 3rd quarter. Eqis Capital Management Inc. now owns 97,326 shares of the chip maker’s stock worth $3,706,000 after purchasing an additional 7,413 shares during the last quarter. Finally, Curbstone Financial Management Corp boosted its stake in shares of Intel Corporation by 92.4% during the 3rd quarter. Curbstone Financial Management Corp now owns 84,300 shares of the chip maker’s stock worth $3,210,000 after purchasing an additional 40,475 shares during the last quarter. 67.02% of the stock is currently owned by institutional investors.

Intel Corporation Company Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Analyst Recommendations for Intel Corporation (NASDAQ:INTC)

Receive News & Ratings for Intel Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply