Intel Corp (NYSE:INQ) Receives $37.92 Average PT from Brokerages

Intel Corp (NYSE:INQ) has received an average rating of “Hold” from the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $38.86.

A number of brokerages recently issued reports on INQ. J P Morgan Chase & Co set a $45.00 target price on shares of Intel Corp and gave the stock a “buy” rating in a research report on Thursday. Goldman Sachs Group, Inc. (The) set a $38.00 price target on shares of Intel Corp and gave the company a “neutral” rating in a report on Friday, August 4th. Robert W. Baird set a $45.00 target price on shares of Intel Corp and gave the company a “buy” rating in a report on Monday, July 31st. UBS AG set a $40.00 target price on shares of Intel Corp and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Jefferies Group LLC set a $30.00 target price on shares of Intel Corp and gave the company a “sell” rating in a report on Friday, July 28th.

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