Analysts at Mizuho Securities Kept their Past ‘Buy’ rating on Shares Intel Corp (NASDAQ:INTC), Set a $47.0 Target Price

January 14, 2018 - By Marguerite Chambers

 Analysts at Mizuho Securities Kept their Past ‘Buy’ rating on Shares Intel Corp (NASDAQ:INTC), Set a $47.0 Target Price

Investors sentiment is 1.03 in Q3 2017. Its the same as in 2017Q2. It is without change, as 52 investors sold Intel Corporation shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported.

Somerset Group Ltd Liability Corp holds 23,995 shares. Boston Limited Liability Com has 415,383 shares for 0.36% of their portfolio. 27,750 were accumulated by Cornerstone Capital. Renaissance Group Llc has invested 0.54% in Intel Corporation (NASDAQ:INTC). Focused Wealth Mgmt, a New York-based fund reported 42,120 shares. First Commonwealth Financial Corp Pa invested in 0.42% or 9,644 shares. Dynamic Solutions Limited Co invested 0.49% in Intel Corporation (NASDAQ:INTC). Hgk Asset Management reported 2.13% in Intel Corporation (NASDAQ:INTC). Clarivest Asset Management Ltd Llc reported 26 shares. Valley Advisers reported 0.25% in Intel Corporation (NASDAQ:INTC). Sii Invests Wi accumulated 126,322 shares. Davidson Advsrs reported 6,600 shares. 35,221 are held by Northstar Asset Mngmt Lc. Moreover, Adams Asset Advsrs Limited Liability Co has 1.02% invested in Intel Corporation (NASDAQ:INTC). Salem Cap Management, a Massachusetts-based fund reported 180,154 shares.

Since July 31, 2017, it had 0 insider purchases, and 10 insider sales for $31.43 million activity. YOFFIE DAVID B sold $1.35M worth of Intel Corporation (NASDAQ:INTC) on Monday, October 30. 89,087 Intel Corporation (NASDAQ:INTC) shares with value of $3.99M were sold by BRYANT ANDY D. Bryant Diane M also sold $67,048 worth of Intel Corporation (NASDAQ:INTC) on Monday, October 23. Smith Stacy J sold $20.89M worth of stock. Krzanich Brian M sold $2.40M worth of stock.

Intel Corp (NASDAQ:INTC) Rating Reaffirmed

The company has just set a TP of $47.0 on Intel Corp (NASDAQ:INTC) shares. This is 8.70 % from the close price. In analysts report released on 26 October, Mizuho Securities reiterated their Buy rating on shares of INTC.

Investors sentiment is 1.03 in Q3 2017. Its the same as in 2017Q2. It is without change, as 52 investors sold Intel Corporation shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported.

Somerset Group Ltd Liability Corp holds 23,995 shares. Boston Limited Liability Com has 415,383 shares for 0.36% of their portfolio. 27,750 were accumulated by Cornerstone Capital. Renaissance Group Llc has invested 0.54% in Intel Corporation (NASDAQ:INTC). Focused Wealth Mgmt, a New York-based fund reported 42,120 shares. First Commonwealth Financial Corp Pa invested in 0.42% or 9,644 shares. Dynamic Solutions Limited Co invested 0.49% in Intel Corporation (NASDAQ:INTC). Hgk Asset Management reported 2.13% in Intel Corporation (NASDAQ:INTC). Clarivest Asset Management Ltd Llc reported 26 shares. Valley Advisers reported 0.25% in Intel Corporation (NASDAQ:INTC). Sii Invests Wi accumulated 126,322 shares. Davidson Advsrs reported 6,600 shares. 35,221 are held by Northstar Asset Mngmt Lc. Moreover, Adams Asset Advsrs Limited Liability Co has 1.02% invested in Intel Corporation (NASDAQ:INTC). Salem Cap Management, a Massachusetts-based fund reported 180,154 shares.

Since July 31, 2017, it had 0 insider purchases, and 10 insider sales for $31.43 million activity. YOFFIE DAVID B sold $1.35M worth of Intel Corporation (NASDAQ:INTC) on Monday, October 30. 89,087 Intel Corporation (NASDAQ:INTC) shares with value of $3.99M were sold by BRYANT ANDY D. Bryant Diane M also sold $67,048 worth of Intel Corporation (NASDAQ:INTC) on Monday, October 23. Smith Stacy J sold $20.89M worth of stock. Krzanich Brian M sold $2.40M worth of stock.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 15 Hold. Therefore 63% are positive. Intel Corporation has $60.0 highest and $25 lowest target. $41.62’s average target is -3.75% below currents $43.24 stock price. Intel Corporation had 207 analyst reports since August 7, 2015 according to SRatingsIntel. As per Thursday, October 8, the company rating was maintained by Northland Capital. The rating was maintained by CLSA on Monday, September 19 with “Underperform”. The stock of Intel Corporation (NASDAQ:INTC) has “Hold” rating given on Friday, November 17 by Canaccord Genuity. The rating was upgraded by Northland Capital on Monday, August 31 to “Outperform”. On Friday, November 20 the stock rating was maintained by Topeka Capital Markets with “Buy”. On Monday, September 21 the stock rating was maintained by Mizuho with “Neutral”. The stock of Intel Corporation (NASDAQ:INTC) earned “Underperform” rating by Nomura on Friday, August 21. The stock of Intel Corporation (NASDAQ:INTC) earned “Neutral” rating by Macquarie Research on Wednesday, October 14. The stock has “Outperform” rating by Macquarie Research on Monday, January 25. The firm earned “Buy” rating on Friday, January 15 by Topeka Capital Markets.

The stock decreased 0.39% or $0.17 during the last trading session, reaching $43.24. About 29.97M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since January 14, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on January, 25. They expect $0.86 EPS, up 8.86 % or $0.07 from last year’s $0.79 per share. INTC’s profit will be $4.02B for 12.57 P/E if the $0.86 EPS becomes a reality. After $1.01 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -14.85 % negative EPS growth.

Intel Corporation designs, manufactures, and sells computer, networking, and communications platforms worldwide. The company has market cap of $202.36 billion. The firm operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Intel Security Group, Programmable Solutions Group, and All Other divisions. It has a 15.17 P/E ratio. The Company’s platforms are used in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, and mobile communication components; enterprise, cloud, and communication infrastructure; and retail, transportation, industrial, video, buildings, and other market divisions.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Prnewswire.com which released: “Shareholder Class Action Filed Against Intel Corporation – INTC” on January 11, 2018, also Fool.com with their article: “The case for Texas Instruments” published on January 12, 2018, Seekingalpha.com published: “Intel Security Risk Is Much Worse Than Management Commentary Indicates” on January 05, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel: Stop Listening To Drivel, Find The Source” published on January 08, 2018 as well as Seekingalpha.com‘s news article titled: “Intel: Apocalypse… Not” with publication date: January 12, 2018.

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