How Many MagnaChip Semiconductor Corporation (NYSE:MX)’s Analysts Are Bearish?

December 5, 2017 - By Linda Rogers

 How Many MagnaChip Semiconductor Corporation (NYSE:MX)'s Analysts Are Bearish?
Investors sentiment decreased to 1 in Q2 2017. Its down 0.20, from 1.2 in 2017Q1. It dropped, as 18 investors sold MagnaChip Semiconductor Corporation shares while 14 reduced holdings. 10 funds opened positions while 22 raised stakes. 26.70 million shares or 0.75% less from 26.90 million shares in 2017Q1 were reported.
Legal And General Group Pcl has invested 0% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Invesco Ltd holds 0% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX) for 67,193 shares. Engaged Capital Lc reported 2.31M shares stake. Jane Street Gru Limited Co holds 0% or 42,446 shares. Capital World Investors, California-based fund reported 2.36 million shares. Hood River Mngmt Limited Com holds 1.06% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX) for 1.57 million shares. Dimensional Fund Advsr Lp holds 0% or 494,455 shares in its portfolio. 556,375 are owned by Connor Clark Lunn Inv Ltd. Menta Llc has invested 0.13% in MagnaChip Semiconductor Corporation (NYSE:MX). Citadel Advsr Limited Liability Company invested in 19,668 shares or 0% of the stock. California Public Employees Retirement owns 116,300 shares or 0% of their US portfolio. Gsa Prtn Ltd Liability Partnership owns 216,300 shares for 0.14% of their portfolio. Deutsche National Bank Ag accumulated 0% or 178,973 shares. Lombard Odier Asset Management (Usa) reported 50,000 shares. Royal National Bank Of Canada invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX).

MagnaChip Semiconductor Corporation (NYSE:MX) Ratings Coverage

Among 5 analysts covering MagnaChip Semi (NYSE:MX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. MagnaChip Semi had 15 analyst reports since August 7, 2015 according to SRatingsIntel. Roth Capital maintained MagnaChip Semiconductor Corporation (NYSE:MX) rating on Sunday, July 30. Roth Capital has “Buy” rating and $1400 target. On Friday, May 6 the stock rating was maintained by Topeka Capital Markets with “Buy”. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Needham on Friday, January 13. As per Thursday, September 29, the company rating was initiated by TH Capital. The firm has “Buy” rating by Roth Capital given on Thursday, September 29. The stock has “Buy” rating by Roth Capital on Wednesday, August 30. As per Thursday, July 13, the company rating was maintained by Needham. As per Wednesday, May 10, the company rating was initiated by Citigroup. The rating was maintained by Topeka Capital Markets on Thursday, February 18 with “Buy”. The rating was maintained by Roth Capital on Wednesday, June 14 with “Buy”. Below is a list of MagnaChip Semiconductor Corporation (NYSE:MX) latest ratings and price target changes.

30/08/2017 Broker: Roth Capital Rating: Buy New Target: $15.0 Maintain
09/08/2017 Broker: Roth Capital Rating: Buy New Target: $15.0000 Maintain
07/08/2017 Broker: Citigroup Rating: Neutral Old Target: $10.5 New Target: $11 Maintain
04/08/2017 Broker: Needham Rating: Buy Maintain
30/07/2017 Broker: Roth Capital Rating: Buy New Target: $14.0000 Maintain
13/07/2017 Broker: Needham Rating: Buy New Target: $13.0000 Maintain
14/06/2017 Broker: Roth Capital Rating: Buy New Target: $11.0000 Maintain

The stock increased 0.84% or $0.0967 during the last trading session, reaching $11.5967. About 36,839 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 76.77% since December 5, 2016 and is uptrending. It has outperformed by 60.07% the S&P500.

MagnaChip Semiconductor Corporation designs, makes, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide. The company has market cap of $395.89 million. The firm operates through two divisions, Foundry Services Group, and Standard Products Group. It has a 25.32 P/E ratio. It provides display solutions, including source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra-high definition , high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks, and mobile communications and entertainment devices.

More notable recent MagnaChip Semiconductor Corporation (NYSE:MX) news were published by: Seekingalpha.com which released: “MagnaChip Semiconductor’s (MX) CEO YJ Kim on Q2 2017 Results – Earnings Call …” on August 04, 2017, also Seekingalpha.com with their article: “MagnaChip Semiconductor Is A Buy” published on July 19, 2017, Fool.com published: “Why MagnaChip Semiconductor Corp. Stock Popped Today” on May 04, 2017. More interesting news about MagnaChip Semiconductor Corporation (NYSE:MX) were released by: Seekingalpha.com and their article: “Look Twice Before Buying MagnaChip” published on July 18, 2017 as well as Seekingalpha.com‘s news article titled: “MagnaChip – An Inexpensive Play On A Semiconductor Megatrend” with publication date: August 21, 2017.

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