Oppenheimer Reaffirms Their Hold Rating on Intel

By Jason Carr

Oppenheimer analyst Rick Schafer maintained a Hold rating on Intel (NASDAQ: INTC) today. The company’s shares closed yesterday at $55.03, close to its 52-week high of $57.60.

According to TipRanks.com, Schafer is a top 100 analyst with an average return of 17.3% and a 72.8% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.

Intel has an analyst consensus of Moderate Buy, with a price target consensus of $60.

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Intel’s market cap is currently $256.4B and has a P/E ratio of 23.93. The company has a Price to Book ratio of 3.65.

Based on the recent corporate insider activity of 150 insiders, corporate insider sentiment is negative on the stock.

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