ON Semiconductor Corp (ON) – Research Analysts’ Weekly Ratings Changes

ON Semiconductor Corp (NASDAQ: ON) has recently received a number of price target changes and ratings updates:

  • 3/13/2017 – ON Semiconductor Corp had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $18.00 price target on the stock.
  • 3/13/2017 – ON Semiconductor Corp had its price target raised by analysts at Mizuho from $17.00 to $18.00. They now have a “buy” rating on the stock.
  • 3/13/2017 – ON Semiconductor Corp had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $21.00 price target on the stock.
  • 3/6/2017 – ON Semiconductor Corp was upgraded by analysts at Vetr from a “strong sell” rating to a “strong-buy” rating. They now have a $17.60 price target on the stock.
  • 2/18/2017 – ON Semiconductor Corp had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $18.00 price target on the stock.
  • 2/16/2017 – ON Semiconductor Corp had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $20.00 price target on the stock, up previously from $14.00.
  • 2/15/2017 – ON Semiconductor Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $18.00 price target on the stock. According to Zacks, “ON Semiconductor is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices ranging from high-speed fiber optic networking equipment to the precise power management functions found in portable electronics. The company's expanding product portfolio helped it to report strong fourth-quarter 2016 results. Moreover, the company has outperformed the broader market over the last one-year. Further, the company’s improving end markets, completion of the Fairchild Semiconductor acquisition, product breadth, diversification across end markets and geographies, and the benefits of restructuring actions remain positives. However, ON Semi has a leveraged balance sheet and faces a good bit of competition, which are concerns. “
  • 2/15/2017 – ON Semiconductor Corp had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $17.00 price target on the stock.
  • 2/14/2017 – ON Semiconductor Corp was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $15.50 price target on the stock.
  • 2/14/2017 – ON Semiconductor Corp had its price target raised by analysts at Morgan Stanley from $12.00 to $16.00. They now have an “equal weight” rating on the stock.
  • 2/14/2017 – ON Semiconductor Corp had its price target raised by analysts at Mizuho from $16.00 to $17.00. They now have a “buy” rating on the stock.
  • 2/13/2017 – ON Semiconductor Corp had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $18.00 price target on the stock.
  • 2/13/2017 – ON Semiconductor Corp had its price target raised by analysts at Needham & Company LLC from $16.00 to $20.00. They now have a “buy” rating on the stock.
  • 2/8/2017 – ON Semiconductor Corp was upgraded by analysts at Vetr from a “sell” rating to a “buy” rating. They now have a $15.50 price target on the stock.
  • 2/2/2017 – ON Semiconductor Corp was downgraded by analysts at Vetr from a “buy” rating to a “sell” rating.

Shares of ON Semiconductor Corp (NASDAQ:ON) opened at 15.25 on Tuesday. ON Semiconductor Corp has a one year low of $8.11 and a one year high of $16.06. The company’s 50-day moving average price is $14.88 and its 200-day moving average price is $12.74. The stock has a market cap of $6.40 billion, a PE ratio of 35.47 and a beta of 1.96.

In other ON Semiconductor Corp news, SVP Mamoon Rashid sold 17,500 shares of ON Semiconductor Corp stock in a transaction on Tuesday, January 10th. The stock was sold at an average price of $13.34, for a total value of $233,450.00. Following the completion of the sale, the senior vice president now owns 252,411 shares of the company’s stock, valued at approximately $3,367,162.74. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP George H. Cave sold 70,000 shares of ON Semiconductor Corp stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $12.76, for a total value of $893,200.00. Following the completion of the sale, the executive vice president now directly owns 365,660 shares of the company’s stock, valued at approximately $4,665,821.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 623,830 shares of company stock valued at $8,019,105. 1.60% of the stock is owned by corporate insiders.

ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal integrated circuits (ICs), standard products, image sensors and custom devices for customers to solve their design challenges in advanced electronic systems and products. The Company operates through four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.

5 Day Chart for NASDAQ:ON

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