Analog Devices Cmn (NASDAQ:ADI) shares traded 2.63% up during most recent session to reach at the closing price of $80.48. The stock exchanged hands 5.03 Million shares versus average trading capacity of 3.27 Million shares, yielding a market cap of $29.38 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $91.5 within the next 52-weeks. The mean target projections are based on 24 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Analog Devices Cmn (NASDAQ:ADI) high price target of $103 and with a conservative view have low price target of $80.
Stephens & Co. “Upgrades” Analog Devices Cmn (NASDAQ:ADI) in a research note issued to investors on 4/24/17 to Overweight with price target of $0.
Additionally on 3/14/17 Credit Suisse “Reinstates” Analog Devices Cmn (NASDAQ:ADI) to Outperform setting price target at $100 and on 2/16/17 Wells Fargo “Downgrades” the stock to Market Perform at $0. Furthermore on 11/23/16 MKM Partners “Maintained” the stock to Neutral at $76.
On the other hand the company has Relative Strength Index (RSI 14) of 57.56 along with Average True Range (ATR 14) of 1.65, Consequently Analog Devices Cmn (NASDAQ:ADI)’s weekly and monthly volatility is 1.92%, 1.84% respectively. The company’s beta value is at 1.26.
In terms of Buy, Sell or Hold recommendations, Analog Devices Cmn (NASDAQ:ADI) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Analog Devices Cmn (NASDAQ:ADI)’s minimum EPS for the current quarter is at $0.78 and can go high up to $0.91. The consensus mean EPS for the current quarter is at $0.84 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.64 earnings per share for the same quarter during last year.