Can analysts adopt a bullish outlook for Himax Technologies, Inc. (NASDAQ:HIMX)?

April 16, 2018 - By Michael Collier

Himax Technologies, Inc. (NASDAQ:HIMX) Ratings Coverage

Among 6 analysts covering Himax Technologies (NASDAQ:HIMX), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Himax Technologies had 17 analyst reports since October 20, 2017 according to SRatingsIntel. Oppenheimer maintained the shares of HIMX in report on Wednesday, February 14 with “Sell” rating. Robert W. Baird maintained it with “Buy” rating and $12.0 target in Tuesday, January 9 report. The rating was maintained by Oppenheimer on Wednesday, January 31 with “Sell”. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, November 27. The firm earned “Buy” rating on Tuesday, February 13 by Roth Capital. On Friday, March 9 the stock rating was downgraded by Northland Capital to “Hold”. The firm has “Buy” rating by Roth Capital given on Friday, November 10. On Thursday, March 15 the stock rating was downgraded by Roth Capital to “Neutral”. The stock of Himax Technologies, Inc. (NASDAQ:HIMX) has “Outperform” rating given on Friday, November 10 by Robert W. Baird. The stock of Himax Technologies, Inc. (NASDAQ:HIMX) has “Buy” rating given on Wednesday, November 29 by Roth Capital. Below is a list of Himax Technologies, Inc. (NASDAQ:HIMX) latest ratings and price target changes.

28/03/2018 Broker: Oppenheimer Rating: Sell New Target: $4.0000 Maintain
15/03/2018 Broker: Roth Capital Old Rating: Buy New Rating: Neutral Downgrade
09/03/2018 Broker: Northland Capital Rating: Hold New Target: $8.0 Downgrade
09/03/2018 Broker: Nomura Rating: Hold New Target: $8.0 Downgrade
02/03/2018 Broker: Northland Capital Rating: Buy New Target: $12.0 Maintain
14/02/2018 Broker: Oppenheimer Rating: Sell New Target: $4.0 Maintain
13/02/2018 Broker: Roth Capital Rating: Buy New Target: $12.0 Maintain
31/01/2018 Broker: Oppenheimer Rating: Sell New Target: $4.0 Maintain
09/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $12.0 Maintain
20/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $10.0 Maintain

The stock increased 1.12% or $0.08 during the last trading session, reaching $7.24. About 1.99M shares traded. Himax Technologies, Inc. (NASDAQ:HIMX) has declined 30.83% since April 16, 2017 and is downtrending. It has underperformed by 42.38% the S&P500.

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company has market cap of $1.25 billion. The firm operates through Driver IC and Non-Driver Products divisions. It has a 45.25 P/E ratio. It offers display driver integrated circuits and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.

Himax Technologies, Inc. (NASDAQ:HIMX) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.