Synaptics Inc (SYNA) Receives a New Rating from Susquehanna

By Carrie Williams

Synaptics Inc (SYNAResearch Report) received a Hold rating and a $38 price target from Susquehanna analyst Christopher Rolland yesterday. The company’s shares closed yesterday at $38.40.

According to TipRanks.com, Rolland is a 5-star analyst with an average return of 7.4% and a 58.4% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Power Integrations, and Texas Instruments.

Currently, the analyst consensus on Synaptics Inc is a Moderate Buy with an average price target of $50.25.

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The company has a one-year high of $55.25 and a one-year low of $33.54. Currently, Synaptics Inc has an average volume of 594.9K.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SYNA in relation to earlier this year. Most recently, in October 2018, James Whims, a Director at SYNA bought 6,000 shares for a total of $195,180.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Synaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices.