Intel (NASDAQ:INTC) Downgraded to “Sell” at DZ Bank

Intel (NASDAQ:INTC – Get Score) was downgraded by stock analysts at DZ Lender from a “hold” score to a “provide” rating in a study note issued on Tuesday, studies. They at this time have a $30.00 cost objective on the chip maker’s stock. DZ Bank’s cost goal suggests a opportunity draw back of 18.83% from the firm’s current price.

A number of other research companies also lately commented on INTC. Robert W. Baird downgraded shares of Intel from an “outperform” score to a “neutral” rating and dropped their selling price goal for the enterprise from $60.00 to $40.00 in a analysis take note on Friday. Rosenblatt Securities dropped their selling price goal on shares of Intel from $40.00 to $30.00 and established a “promote” score for the organization in a study note on Friday. Susquehanna dropped their target cost on shares of Intel from $42.00 to $40.00 in a exploration report on Tuesday, July 19th. Credit score Suisse Team established a $45.00 goal value on shares of Intel in a research report on Monday. At last, downgraded shares of Intel from a “get” rating to a “keep” rating in a study report on Monday. Nine equities research analysts have rated the stock with a sell ranking, nine have supplied a hold score and four have given a acquire rating to the company’s stock. In accordance to details from MarketBeat, Intel presently has an average score of “Keep” and a consensus target price tag of $43.17.

Intel Value Performance

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NASDAQ:INTC opened at $36.96 on Tuesday. The agency has a industry cap of $151.13 billion, a selling price-to-earnings ratio of 7.91, a selling price-to-earnings-growth ratio of 2.10 and a beta of .62. The organization has a current ratio of 1.86, a brief ratio of 1.41 and a personal debt-to-equity ratio of .32. The company’s 50-day relocating ordinary is $39.39 and its two-hundred working day relocating average is $44.55. Intel has a 12-month low of $35.24 and a 12-month substantial of $56.28.

Intel (NASDAQ:INTC – Get Score) previous introduced its earnings benefits on Thursday, July 28th. The chip maker claimed $.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $.70 by ($.41). The firm had income of $15.30 billion all through the quarter, in comparison to analysts’ expectations of $17.93 billion. Intel had a web margin of 26.03% and a return on equity of 16.65%. Intel’s profits for the quarter was down 17.3% on a calendar year-more than-yr foundation. Through the similar quarter very last 12 months, the firm posted $1.28 earnings per share. Analysis analysts assume that Intel will article 2.3 EPS for the existing 12 months.

Institutional Investors Weigh In On Intel

Hedge funds have lately included to or diminished their stakes in the inventory. Landmark Prosperity Management LLC purchased a new stake in Intel in the very first quarter valued at $31,000. Joseph Group Capital Administration obtained a new placement in shares of Intel for the duration of the fourth quarter valued at $887,000. Lansing Road Advisors acquired a new placement in shares of Intel through the 1st quarter valued at $28,000. Lloyd Advisory Companies LLC. amplified its holdings in shares of Intel by 2,835.% through the first quarter. Lloyd Advisory Providers LLC. now owns 587 shares of the chip maker’s stock valued at $29,000 right after purchasing an additional 567 shares for the duration of the time period. Last but not least, Apeiron RIA LLC acquired a new posture in shares of Intel during the second quarter valued at $26,000. 62.74% of the stock is currently owned by institutional traders.

About Intel

(Get Ranking)

Intel Corporation engages in the layout, manufacture, and sale of laptop solutions and technologies throughout the world. The firm operates by CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers system items, this kind of as central processing units and chipsets, and method-on-chip and multichip offers and non-system or adjacent merchandise, which includes accelerators, boards and systems, connectivity products, graphics, and memory and storage items.

See Also

Analyst Recommendations for Intel (NASDAQ:INTC)

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