Micron Technology, Inc. – Consensus ‘buy’ rating and 11.8% Upside Potential

Broker Ratings
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Micron Technology, Inc. with ticker code (MU) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $140.00 and $42.43 suggesting an average Analsyt target price of $95.71. Given that the stocks previous close was at $85.61 and the analysts are correct then we can expect a percentage increase in value of 11.8%. The 50 day MA is $82.08 and the 200 moving average now moves to $70.88. The market capitalization for the company is 95.47B. The current stock price for Microsoft Corporation is currently $86.48 USD

The potential market cap would be $106,728,940,752 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/E ratio of -, revenue per share of $14.77 and a -6.07% return on assets.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company’s product portfolio includes dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR, solid-state drives, graphics and high bandwidth memory (HBM), managed NAND and multichip packages. Its brands include Micron and Crucial. The Company’s segments include Compute and Networking Business Unit (CNBU) includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU) includes memory and storage products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU) includes solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client, and consumer storage markets and other discrete storage products; Embedded Business Unit (EBU) includes memory and storage products sold into automotive, industrial, and consumer markets.

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