Oppenheimer Maintains a Hold Rating on Maxim Integrated

By Ryan Adsit

In a report released today, Rick Schafer from Oppenheimer maintained a Hold rating on Maxim Integrated (NASDAQ: MXIM). The company’s shares closed yesterday at $60.55.

According to TipRanks.com, Schafer is a top 100 analyst with an average return of 17.4% and a 73.4% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.

Maxim Integrated has an analyst consensus of Moderate Buy, with a price target consensus of $62.

See today’s analyst top recommended stocks >>

Maxim Integrated’s market cap is currently $16.93B and has a P/E ratio of 39.84. The company has a Price to Book ratio of 8.68.

Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is negative on the stock.

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.

Maxim Integrated Products, Inc. designs, develops, manufactures and markets a broad range of linear and mixed-signal integrated circuits. Its products include integrated power circuits, amplifiers, data converters, analog filters, transceivers, expanders, level translators, broadband switches, powerline communications, microcontrollers, data loggers, ibutton, solar energy, and automotive. The company was founded by Jack F. Gifford in 1983 and is headquartered in San Jose, CA.