Analog Devices with ticker code (ADI) now have 27 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 215 and 160 calculating the mean target price we have 194.37. Given that the stocks previous close was at 179.3 this now indicates there is a potential upside of 8.4%. There is a 50 day moving average of 167.86 and the 200 day moving average is 158.4. The market cap for the company is $90,549m. Visit the company website at: https://www.analog.com
The potential market cap would be $98,160m 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 that 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 micro-electro-mechanical 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 provides 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, 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.
