Published On: Wed, Oct 19th, 2016

Ingram Micro Inc. (NYSE:IM) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Ingram Micro Inc. (NYSE:IM).

Most recent broker ratings

03/02/2016 – Ingram Micro Inc. was downgraded to “neutral” by analysts at Northcoast Research.

02/29/2016 – Ingram Micro Inc. was downgraded to “underperform” by analysts at Credit Agricole.

02/29/2016 – Ingram Micro Inc. was downgraded to “underperform” by analysts at CLSA.

02/19/2016 – Ingram Micro Inc. was downgraded to “market perform” by analysts at Raymond James.

02/18/2016 – Ingram Micro Inc. had its “hold” rating reiterated by analysts at Needham & Company. They now have a USD 34 price target on the stock.

02/18/2016 – Ingram Micro Inc. was downgraded to “neutral” by analysts at Citigroup.

10/29/2015 – Ingram Micro Inc. had its “buy” rating reiterated by analysts at Brean Capital. They now have a USD 36 price target on the stock.

05/05/2015 – Ingram Micro Inc. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 33 price target on the stock.

03/12/2015 – Ingram Micro Inc. had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 26 price target on the stock.

01/15/2015 – Ingram Micro Inc. had its “” rating reiterated by analysts at Goldman Sachs. They now have a USD 25 price target on the stock.

01/09/2015 – Ingram Micro Inc. had its “neutral” rating reiterated by analysts at Zacks. They now have a USD 28 price target on the stock.

07/25/2014 – Ingram Micro Inc. had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 37 price target on the stock.

06/26/2014 – Ingram Micro Inc. was upgraded to “buy” by analysts at Cross Research.

04/15/2014 – Ingram Micro Inc. was upgraded to “buy” by analysts at Citic Securities. They now have a USD 35 price target on the stock.

03/03/2014 – Ingram Micro Inc. was upgraded to “buy” by analysts at Thomson Reuters/Verus.

The share price of Ingram Micro Inc. (NYSE:IM) was up +0.28% during the last day of trading, with a day high of 36.25. 707695 shares were traded during the last session.

The stock’s 50 day moving average is 35.26 and its 200 day moving average is 34.88. The stock’s market capitalization is 5.40B. Ingram Micro Inc. has a 52-week low of 26.44 and a 52-week high of 36.66.

Ingram Micro Inc. (Ingram Micro) is engaged in the distribution of information technology (IT) products, supply chain services and mobile device lifecycle services around the world. The Company distributes and markets technology products all over the world from the industry’s computer hardware suppliers, mobility hardware suppliers, software publishers, consumer electronics (CE), automatic identification and data capture (AIDC)/point-of-sale (POS), and physical security products. It has operations in approximately 45 countries. The products include IT peripherals, digital signage products, CE products, AIDC/POS products, physical security products, services provided by third parties and resold by the Company, components, and supplies and accessories. The Company’s distribution services enables its suppliers to reach base of resellers, while providing resellers with multi-vendor solutions, integration services, electronic commerce tools, technical support and inventory management.