Marvell Technology Group Ltd. (NASDAQ:MRVL) Broker Price Targets For The Coming Week

Author:OMO Release Date: 2016年4月25日


Market analysts have recently updated their ratings and price targets on shares of Marvell Technology Group Ltd. (NASDAQ:MRVL). The latest reports which are currently in issue on Sunday 24th of April state 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings and price targets

04/15/2016 – Marvell Technology Group Ltd. had its “underperform” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 10 price target on the stock.

04/07/2016 – Marvell Technology Group Ltd. was downgraded to “hold” by analysts at Standpoint Research.

04/06/2016 – Marvell Technology Group Ltd. had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 13 price target on the stock.

04/05/2016 – Marvell Technology Group Ltd. was upgraded to “buy” by analysts at Brean Capital.

04/05/2016 – Marvell Technology Group Ltd. had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 11 price target on the stock.

04/05/2016 – Marvell Technology Group Ltd. had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 15 price target on the stock.

03/02/2016 – Marvell Technology Group Ltd. had its “equal weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 10.5 price target on the stock.

02/08/2016 – Marvell Technology Group Ltd. was upgraded to “buy” by analysts at B. Riley. They now have a USD 12 price target on the stock.

02/03/2016 – Marvell Technology Group Ltd. had its “sell” rating reiterated by analysts at Citigroup. They now have a USD 7 price target on the stock.

12/08/2015 – Marvell Technology Group Ltd. had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 9 price target on the stock.

12/08/2015 – Marvell Technology Group Ltd. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 9 price target on the stock.

10/27/2015 – Marvell Technology Group Ltd. was downgraded to “neutral” by analysts at MKM Partners. They now have a USD 9 price target on the stock.

10/27/2015 – Marvell Technology Group Ltd. had its “hold” rating reiterated by analysts at Benchmark. They now have a USD 8 price target on the stock.

10/27/2015 – Marvell Technology Group Ltd. was downgraded to “sell” by analysts at UBS. They now have a USD 6 price target on the stock.

10/27/2015 – Marvell Technology Group Ltd. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 9 price target on the stock.

Marvell Technology Group Ltd. has a 50 day moving average of 10.25 and a 200 day moving average of 9.17. The stock’s market capitalization is 5.14B, it has a 52-week low of 7.40 and a 52-week high of 14.73.

The share price of the company (NASDAQ:MRVL) was up +3.77% during the last trading session, with a high of 10.44 and the volume of Marvell Technology Group Ltd. shares traded was 7376672.

 

Marvell Technology Group Ltd. (Marvell) is a fabless semiconductor provider of application-specific standard products. The Company develops System-on-a-Chip (SoC) devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), mobile handsets, connectivity, Internet-of-Things (IoT) devices and other consumer electronics. Its products serve diverse applications used in carrier, metropolitan, enterprise and PC-client data communications, and storage systems. In addition, the Company serves the consumer electronics market for the convergence of voice video and data applications. As a fabless integrated circuit company, the Company relies on independent, third-party contractors to perform manufacturing, assembly and test functions. The Company’s offers its products to three markets: mobile and wireless, storage, and networking.

About OMO Electronic Limited

Your Trusted Partner for Distributing OMO Electronic Limited!
Our Mission is to provide the best quality IC components with the best affordable price every time.

We are looking forward to cooperating with you!


www.omoelec.com/