Analog Devices – Consensus Indicates Potential 17.0% Upside

Analog Devices with ticker code (ADI) have now 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 210 and 165 calculating the average target price we see 190.32. With the stocks previous close at 162.62 this is indicating there is a potential upside of 17.0%. There is a 50 day moving average of 166.35 and the 200 day MA is 160.68. The market capitalisation for the company is $87,297m. You can visit the company’s website by visiting: http://www.analog.com

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 offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure. It also provides power management and reference products for power management and conversion applications in the automotive, communications, industrial, and high-end consumer markets; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. The company serves clients in the industrial, automotive, consumer, 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 founded in 1965 and is headquartered in Wilmington, Massachusetts.