Jefferies Group set a $42.00 price objective on NXP Semiconductors (NASDAQ:NXPI) in a report released on Friday, AnalystRatings.Net reports. The firm currently has a a buy rating on the stock.
Jefferies Group has also modified their ratings on a number of other stocks in the few days. The firm raised its price target on shares of Kraft Foods from $60.00 to $61.00. They have a hold rating on that stock. Also, Jefferies Group raised its price target on shares of Fortress Investment Group LLC from $7.00 to $8.00. They have a hold rating on that stock. Finally, Jefferies Group raised its price target on shares of Barrick Gold Corp from $14.00 to $15.00. They have a hold rating on that stock.
Shares of NXP Semiconductors (NASDAQ:NXPI) opened at 35.78 on Friday. NXP Semiconductors has a one year low of $20.57 and a one year high of $36.27. The stock’s 50-day moving average is currently $32.32. The company has a market cap of $8.925 billion and a P/E ratio of 95.16.
A number of other firms have also recently commented on NXPI. Analysts at Zacks upgraded shares of NXP Semiconductors from a neutral rating to an outperform rating in a research note to investors on Tuesday, July 16th. They now have a $35.00 price target on the stock. Separately, analysts at Topeka Capital Markets initiated coverage on shares of NXP Semiconductors in a research note to investors on Thursday, June 6th. They set a buy rating and a $36.50 price target on the stock. Finally, analysts at Deutsche Bank reiterated a buy rating on shares of NXP Semiconductors in a research note to investors on Friday, May 10th. They now have a $35.00 price target on the stock.
Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. NXP Semiconductors has a consensus rating of Buy and an average price target of $36.55.
NXP Semiconductors N.V. (NASDAQ:NXPI) is a global semiconductor company and a supplier.
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