Stifel Nicolaus Believes Power Integrations (NASDAQ: POWI) Still Has Room to Grow

By Jason Carr

In a report released today, Tore Svanberg from Stifel Nicolaus reiterated a Buy rating on Power Integrations (NASDAQ: POWI), with a price target of $82. The company’s shares closed yesterday at $74.10, close to its 52-week high of $76.

According to, Svanberg is a top 100 analyst with an average return of 18.6% and a 76.1% success rate. Svanberg covers the Consumer Goods sector, focusing on stocks such as O2Micro International, Silicon Laboratories, and M/A-Com Technology.

Power Integrations has an analyst consensus of Moderate Buy, with a price target consensus of $80.50.

Power Integrations’ market cap is currently $2.2B and has a P/E ratio of 41.40. The company has a book value ratio of 4.1504.

Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is negative on the stock. Last month, Raja Petrakian, the VP Operations of POWI sold 1,116 shares for a total of $70,364.

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Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits and other electronic components and circuitry used in highvoltage power conversion. Its products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use.