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Microchip Technology Incorporated – Consensus ‘buy’ rating and 28.8% Upside Potential

Broker Ratings
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Microchip Technology Incorporated with ticker code (MCHP) now have 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 125 and 76 and has a mean target at $94.23. Now with the previous closing price of $73.15 and the analysts are correct then we can expect a percentage increase in value of 28.8%. The 50 day moving average now sits at $78.98 and the 200 day moving average is $73.08. The company has a market capitalization of 41.00B. The stock price for Apple Inc. is 73.81 USD

The potential market cap would be $52,810,770,513 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 18.64, revenue per share of 15.33 and a 11.97% return on assets.

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