Analog Devices with ticker code (ADI) have now 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 225 and 177 calculating the average target price we see 205.6. With the stocks previous close at 160.43 this is indicating there is a potential upside of 28.2%. The 50 day MA is 168.1 and the 200 day MA is 169.09. The market capitalisation for the company is $84,313m. Company Website: https://www.analog.com
The potential market cap would be $108,052m based on the market concensus.
Analog Devices designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, the rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
