Key Researchers at Jefferies Kept their ‘”Buy”’ rating for Analog Devices (NASDAQ:ADI) Shares Today. Their Price Target is $100.0

September 17, 2017 - By Migdalia James

 Key Researchers at Jefferies Kept their ‘

Investors sentiment decreased to 1.11 in 2016 Q4. Its down 0.12, from 1.23 in 2016Q3. It fall, as 37 investors sold Analog Devices, Inc. shares while 203 reduced holdings. 79 funds opened positions while 187 raised stakes. 278.35 million shares or 3.79% more from 268.18 million shares in 2016Q3 were reported.

Rafferty Asset Mngmt Lc holds 0.17% or 51,266 shares. Bessemer Grp reported 259 shares. Manufacturers Life Insur Company The reported 371,641 shares. Texas Permanent School Fund has invested 0.09% in Analog Devices, Inc. (NASDAQ:ADI). Columbia Prns L L C Mngmt holds 18,572 shares. Eagle Asset holds 26,629 shares or 0.01% of its portfolio. Azimuth Mngmt Limited Liability Com stated it has 5,113 shares or 0.03% of all its holdings. Reynders Mcveigh Capital Mngmt Ltd Liability Corp reported 2.08% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). 825 are owned by Baldwin Brothers Ma. Liberty Mutual Gru Asset Mngmt invested in 21,959 shares or 0.06% of the stock. Notis holds 1.18% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 23,680 shares. Gradient Invests has 35 shares for 0% of their portfolio. Ledyard State Bank has invested 0.11% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Cohen And Steers Inc reported 2,660 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.05% or 62,333 shares.

Since March 17, 2017, it had 0 insider buys, and 6 selling transactions for $8.64 million activity. Shares for $3.88M were sold by ROCHE VINCENT on Friday, March 24. SEIF MARGARET K also sold $249,780 worth of Analog Devices, Inc. (NASDAQ:ADI) on Friday, March 17. Cotter Martin sold $160,080 worth of stock or 2,000 shares. EVANS BRUCE R bought $2.08 million worth of stock or 25,000 shares. On Friday, March 17 the insider STATA RAY sold $4.15M. $6,538 worth of Analog Devices, Inc. (NASDAQ:ADI) shares were sold by CHAMPY JAMES.

Analog Devices (NASDAQ:ADI) Rating Reaffirmed

Analog Devices (NASDAQ:ADI) just had their share rating of a ‘”Buy”‘ issued by research analysts at Jefferies, who now has a $100.0 target price per share on the $30.83B market cap company or a 19.27 % upside potential. This key information was revealed to investors in analysts report on Monday, 11 September.

Investors sentiment decreased to 1.11 in 2016 Q4. Its down 0.12, from 1.23 in 2016Q3. It fall, as 37 investors sold Analog Devices, Inc. shares while 203 reduced holdings. 79 funds opened positions while 187 raised stakes. 278.35 million shares or 3.79% more from 268.18 million shares in 2016Q3 were reported.

Rafferty Asset Mngmt Lc holds 0.17% or 51,266 shares. Bessemer Grp reported 259 shares. Manufacturers Life Insur Company The reported 371,641 shares. Texas Permanent School Fund has invested 0.09% in Analog Devices, Inc. (NASDAQ:ADI). Columbia Prns L L C Mngmt holds 18,572 shares. Eagle Asset holds 26,629 shares or 0.01% of its portfolio. Azimuth Mngmt Limited Liability Com stated it has 5,113 shares or 0.03% of all its holdings. Reynders Mcveigh Capital Mngmt Ltd Liability Corp reported 2.08% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). 825 are owned by Baldwin Brothers Ma. Liberty Mutual Gru Asset Mngmt invested in 21,959 shares or 0.06% of the stock. Notis holds 1.18% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 23,680 shares. Gradient Invests has 35 shares for 0% of their portfolio. Ledyard State Bank has invested 0.11% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Cohen And Steers Inc reported 2,660 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.05% or 62,333 shares.

Since March 17, 2017, it had 0 insider buys, and 6 selling transactions for $8.64 million activity. Shares for $3.88M were sold by ROCHE VINCENT on Friday, March 24. SEIF MARGARET K also sold $249,780 worth of Analog Devices, Inc. (NASDAQ:ADI) on Friday, March 17. Cotter Martin sold $160,080 worth of stock or 2,000 shares. EVANS BRUCE R bought $2.08 million worth of stock or 25,000 shares. On Friday, March 17 the insider STATA RAY sold $4.15M. $6,538 worth of Analog Devices, Inc. (NASDAQ:ADI) shares were sold by CHAMPY JAMES.

Analog Devices, Inc. (NASDAQ:ADI) Ratings Coverage

Among 28 analysts covering Analog Devices (NASDAQ:ADI), 17 have Buy rating, 0 Sell and 11 Hold. Therefore 61% are positive. Analog Devices has $110.0 highest and $50 lowest target. $81.16’s average target is -3.20% below currents $83.84 stock price. Analog Devices had 93 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, July 1 by RBC Capital Markets. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Neutral” rating given on Thursday, August 18 by Citigroup. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, July 3. As per Thursday, February 16, the company rating was maintained by Drexel Hamilton. The rating was upgraded by Wells Fargo on Monday, January 11 to “Outperform”. RBC Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Friday, January 15. RBC Capital Markets has “Outperform” rating and $58.0 target. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Buy” rating given on Wednesday, July 27 by Evercore. The rating was initiated by Susquehanna with “Neutral” on Thursday, August 6. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by Oppenheimer on Tuesday, June 20. Robert W. Baird maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, August 30. Robert W. Baird has “Buy” rating and $100.0 target.

The stock increased 1.82% or $1.5 on September 15, reaching $83.84. About 2.92M shares traded or 15.87% up from the average. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since September 17, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Analysts expect Analog Devices, Inc. (NASDAQ:ADI) to report $1.36 EPS on November, 28.They anticipate $0.31 EPS change or 29.52 % from last quarter’s $1.05 EPS. ADI’s profit would be $500.10M giving it 15.41 P/E if the $1.36 EPS is correct. After having $1.26 EPS previously, Analog Devices, Inc.’s analysts see 7.94 % EPS growth.

Analog Devices, Inc. designs, makes and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. The company has market cap of $30.83 billion. The Company’s products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products. It has a 41.85 P/E ratio. The Firm is a supplier of data converter products.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) news were published by: Nasdaq.com which released: “Analog Devices, Inc. (ADI) Ex-Dividend Date Scheduled for September 07, 2017” on September 06, 2017, also Finance.Yahoo.com with their article: “Analog Devices (ADI) in Focus: Stock Moves 5.2% Higher” published on August 31, 2017, Nasdaq.com published: “Analog Devices (ADI) Aids Agriculture Development Project” on August 25, 2017. More interesting news about Analog Devices, Inc. (NASDAQ:ADI) were released by: Fool.com and their article: “3 Reasons Analog Devices Is Built for Growth” published on September 13, 2017 as well as Fool.com‘s news article titled: “Why Analog Devices, Gilead Sciences, and Universal Display Jumped Today” with publication date: August 30, 2017.

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