Published On: Wed, Oct 19th, 2016

Himax Technologies, Inc. (NASDAQ:HIMX) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Himax Technologies, Inc. (NASDAQ:HIMX).

Most recent broker ratings

10/11/2016 – Himax Technologies, Inc. had its “outperform” rating reiterated by analysts at Northland Securities. They now have a USD 12 price target on the stock.

09/28/2016 – Roth Capital began new coverage on Himax Technologies, Inc. giving the company a “buy” rating. They now have a USD 10 price target on the stock.

09/26/2016 – Himax Technologies, Inc. had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 10 price target on the stock.

09/26/2016 – Himax Technologies, Inc. was downgraded to “neutral” by analysts at Nomura. They now have a USD 10.2 price target on the stock.

09/07/2016 – Himax Technologies, Inc. was upgraded to “strong buy” by analysts at Vetr Inc..

08/16/2016 – Himax Technologies, Inc. had its “hold” rating reiterated by analysts at Brean Capital.

08/12/2016 – Himax Technologies, Inc. had its “perform” rating reiterated by analysts at Oppenheimer.

03/23/2016 – Himax Technologies, Inc. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 13 price target on the stock.

03/15/2016 – Himax Technologies, Inc. had its “buy” rating reiterated by analysts at Craig-Hallum. They now have a USD 14 price target on the stock.

03/14/2016 – Himax Technologies, Inc. had its “buy” rating reiterated by analysts at Topeka Capital Markets. They now have a USD 13.5 price target on the stock.

02/05/2016 – Himax Technologies, Inc. had its “buy” rating reiterated by analysts at Lake Street. They now have a USD 9 price target on the stock.

11/23/2015 – Morgan Stanley began new coverage on Himax Technologies, Inc. giving the company a “overweight” rating. They now have a USD 8.5 price target on the stock.

09/23/2015 – Himax Technologies, Inc. had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 10.75 price target on the stock.

08/10/2015 – Himax Technologies, Inc. had its “buy” rating reiterated by analysts at Chardan Capital. They now have a USD 10 price target on the stock.

05/24/2015 – Himax Technologies, Inc. was upgraded to “buy” by analysts at Rosenblatt Securities. They now have a USD 9 price target on the stock.

The share price of Himax Technologies, Inc. (NASDAQ:HIMX) was up +3.21% during the last day of trading, with a day high of 9.13. 3604467 shares were traded during the last session.

The stock’s 50 day moving average is 9.57 and its 200 day moving average is 9.52. The stock’s market capitalization is 1.55B. Himax Technologies, Inc. has a 52-week low of 5.77 and a 52-week high of 12.00.

Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.