Today analysts at RBC Capital Markets reiterated Intel Corporation’s (NASDAQ:INTC) shares as ‘Sector Perform’ in a report released to investors.
According to RBC Capital Marketss price target of 37 on the company’s stock this indicates the broker now believes there is an increase of 3.57% from Intel Corporation’s current price of 35.73.
In the last year Intel Corporation’s stock price has increased by 9.82% from 32.53 to 35.73.
The number of Intel Corporation shares in issue is 4,731,000,000 which have a current share price of 35.73 bringing Intel Corporation’s market capitalisation to 169.01B USD.
The 52 week high of shares in Intel Corporation is 38.36 while the 52 week low for the company’s shares is 27.68. The businesses 50 day moving average is 36.98 and its 200 day moving average is 33.74.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.