Zacks Rating on Freescale Semiconductor, Ltd.
As much as 9 analysts have advised buy on Freescale Semiconductor, Ltd. (NYSE:FSL) with an average broker rating of 2.33. Research Analysts at Zacks has the shares a rating of 3, which implies that the firms recommendation is Neutral on the company.
Freescale Semiconductor, Ltd. (NYSE:FSL): The mean short term price target for Freescale Semiconductor, Ltd. (NYSE:FSL) has been established at $41.25 per share. The higher price target estimate is at $51 and the lower price target estimate is expected at $33 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.99
Company has received recommendation from many analysts. Equity Analysts at the Drexel Hamilton downgrades the rating on Freescale Semiconductor, Ltd. (NYSE:FSL). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency raises the price target from $40 per share to $45 per share. The rating by the firm was issued on March 16, 2015.
Shares of Freescale Semiconductor, Ltd. appreciated by 1.8% during the last five trading days but lost 4.17% on a 4-week basis. Freescale Semiconductor, Ltd. has dropped 2.39% during the last 3-month period . Year-to-Date the stock performance stands at 50.26%.
Freescale Semiconductor, Ltd. (NYSE:FSL) rose 0.9% or 0.34 points on Wednesday and made its way into the gainers of the day. After trading began at $37.71 the stock was seen hitting $38.45 as a peak level and $37.3 as the lowest level. The stock ended up at $37.91. The daily volume was measured at 1,482,789 shares. The 52-week high of the share price is $45.665 and the 52-week low is $15.29. The company has a market cap of $11,789 million.
Freescale Semiconductor, Ltd., formerly Freescale Semiconductor Holdings I, Ltd., is a provider of embedded processing solutions. An embedded processing solution is the combination of embedded processors, semiconductor devices and software. The Companys embedded processor products include microcontrollers (MCUs), single- and multi-core microprocessors (MPUs), applications processors and digital signal processors (DSPs). It also offers complementary semiconductor products, including radio frequency (RF), power management, analog, mixed-signal devices and sensors. Freescale sells its products directly to original equipment manufacturers (OEMs), distributors, original design manufacturers and contract manufacturers.