Published On: Wed, Oct 19th, 2016

New Analyst Ratings On Mentor Graphics Corporation (NASDAQ:MENT)


Recently stock market analysts have updated their consensus ratings on shares of Mentor Graphics Corporation (NASDAQ:MENT).

Most recent broker ratings

10/10/2016 – Mentor Graphics Corporation was upgraded to “buy” by analysts at D.A. Davidson. They now have a USD 32 price target on the stock.

11/20/2015 – Mentor Graphics Corporation was downgraded to “hold” by analysts at Needham & Company.

11/20/2015 – Mentor Graphics Corporation was downgraded to “underweight” by analysts at JP Morgan. They now have a USD 20 price target on the stock.

11/20/2015 – Mentor Graphics Corporation was downgraded to “sector weight” by analysts at Pacific Crest.

11/20/2015 – Mentor Graphics Corporation was downgraded to “neutral” by analysts at Bank of America Merrill Lynch. They now have a USD 28 price target on the stock.

08/21/2015 – Mentor Graphics Corporation had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 30 price target on the stock.

03/05/2015 – Mentor Graphics Corporation was downgraded to “neutral” by analysts at Zacks. They now have a USD 27.3 price target on the stock.

11/21/2014 – Mentor Graphics Corporation had its “buy” rating reiterated by analysts at Summit Research. They now have a USD 30 price target on the stock.

03/03/2014 – Mentor Graphics Corporation was upgraded to “buy” by analysts at Ned Davis Research.

Mentor Graphics Corporation has a 50 day moving average of 25.17 and a 200 day moving average of 22.23. The stock’s market capitalization is 3.12B, it has a 52-week low of 16.10 and a 52-week high of 28.92.

The share price of the company (NASDAQ:MENT) was up +1.55% during the last trading session, with a high of 28.92 and the volume of Mentor Graphics Corporation shares traded was 5465819.

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Company markets its products and services across the world, mainly to companies in the communications, computer, consumer electronics, semiconductor, networking, military and aerospace, multimedia and transportation industries. The electronic components and systems that the Company’s customers create with its products include integrated circuits (ICs), printed circuit boards (PCBs), field programmable gate arrays (FPGAs), embedded software solutions and wire harness systems. It offers over five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and Services and Other.