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 designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG). It delivers computer, networking and communications platforms to a set of customers, including original equipment manufacturers (OEMs), original design manufacturers (ODMs), cloud and communications service providers, as well as industrial, communications and automotive equipment manufacturers. It offers platforms to integrate various components and technologies, including a microprocessor and chipset, a stand-alone System-on-Chip (SoC), or a multichip package. The CCG operating segment includes platforms that integrates in notebook, two in one systems, desktop computers for consumers and businesses, tablets, and phones.