Cowen Now Covering NXP Semi (NXPI) With $111.0 Target

September 7, 2018 - By Mary Kidd

NXP Semiconductors N.V. (NASDAQ:NXPI) Logo

Why Has Cowen Given NXP Semi (NXPI) a $111.0 Price Target

In a research report issued today, Cowen analysts initiated NXP Semi (NXPI) coverage with Outperform rating, and a $111.0 target price.

The stock increased 0.03% or $0.03 during the last trading session, reaching $94.02. About 9.82M shares traded or 21.62% up from the average. NXP Semiconductors N.V. (NXPI) has risen 8.19% since September 8, 2017 and is uptrending. It has underperformed by 4.38% the S&P500.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on October, 24. They expect $1.63 EPS, up 28.35 % or $0.36 from last year’s $1.27 per share. NXPI’s profit will be $561.28 million for 14.42 P/E if the $1.63 EPS becomes a reality. After $1.10 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 48.18 % EPS growth.

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency , analog, power management, interface, security, and digital processing products worldwide. The company has market cap of $32.38 billion. It offers products for audio and visual head-end unit applications, such as single-chip radio solutions, audio amplifiers and power analog products, and i.MX applications processors; and in-vehicle networking products, two-way secure entry products, and various sensors and microcontrollers, as well as power management solutions. It has a 33.52 P/E ratio. The firm also provides secure identification solutions comprising passive RF connectivity devices; microcontroller devices; and secure real-time operating system software products to facilitate the encryption-decryption of data, and the interaction with the reader infrastructure systems.

More important recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Globenewswire.com which released: “NXP Acquires OmniPHY to Accelerate Autonomous Driving and Vehicle Networks” on September 04, 2018, also Globenewswire.com published article titled: “NXP Semiconductors to Present at Upcoming Investor Conference”, Seekingalpha.com published: “NXP Semiconductors Still Rules The Chip Throne” on August 29, 2018. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) was released by: Seekingalpha.com and their article: “NXP Semiconductors: Connected Future At A Discount” with publication date: August 20, 2018.

NXP Semiconductors N.V. (NASDAQ:NXPI) Ratings Chart

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