Analog Devices ADI (NYSE:ADI) Rating Restated
The financial company have set TP of $100.00 on Analog Devices Adi (NYSE:ADI) shares. This is 89.79 % from the current price. In an analyst report released on 1 January, Stifel Nicolaus reaffirmed their “Buy” rating on shares of ADI.
Out of 26 brokers covering Analog Devices ADI, 17 rate it a Buy, 12 indicate a Hold while 1 suggest a Sell. The highest target is $72 and the lowest is $50 according to Thomson/First Call. The 12-month mean target is $60.1, which means upside potential of ∞% over the current price.
Cantillon Capital Management Llc had the biggest stake with ownership of 6.99 million shares as of Q2 2015 for 6.37% of the fund portfolio. Central Securities Corp is another quite bullish institutional investor who is having 450,000 shares of Analog Devices ADI or 6.3% of their fund portfolio. Furthermore, Southport Management L.L.C. have 5.65% of their fund portfolio invested in the company for 45,000 shares. The California-based fund Sensato Investors Llc revealed it had bought so far a stake worth about 4.21% of the institutional investor’s stock portfolio in Analog Devices ADI. The New York-based fund Tirschwell & Loewy Inc is also positive about the stock, possessing 307,700 shares or 3.57% of their fund portfolio.
Analog Devices ADI (NYSE:ADI) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Analog Devices ADI has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
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The post Analysts at Stifel Nicolaus Maintain their “Buy” rating for Analog Devices ADI (NYSE:ADI) with $100.00 Price Target appeared first on Octafinance.