Northland Securities Maintains a Hold Rating on Himax Technologies (HIMX)

By Carrie Williams

Northland Securities analyst Tim Savageaux maintained a Hold rating on Himax Technologies (HIMXResearch Report) yesterday and set a price target of $2.25. The company’s shares closed last Monday at $2.54.

According to TipRanks.com, Savageaux is a 4-star analyst with an average return of 5.8% and a 56.6% success rate. Savageaux covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings, Applied Optoelectronics, and Communications Systems.

Currently, the analyst consensus on Himax Technologies is a Moderate Sell with an average price target of $2.32.

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The company has a one-year high of $5.39 and a one-year low of $1.70. Currently, Himax Technologies has an average volume of 1.07M.

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Himax Technologies, Inc. engages in the development and trade of semiconductors. It operates through the Driver Integrated Circuit and Non-Driver Products segments.