Mizuho Securities Reiterates $26.0 Price Target On ON Semiconductor (NASDAQ:ON), Reiterates Buy Rating

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Mizuho Analyst Ratings ON Semiconductor NASDAQ:ON

ON Semiconductor (NASDAQ:ON) Rating Reconfirmed

In a research report issued on today, Mizuho Securities reaffirmed their Buy rating on ON Semiconductor (NASDAQ:ON)’s stock. The target price means a potential upside of 21.95 % from firm’s previous stock close.

NASDAQ:ON is at the moment trading -1.66% lower at $21.29 as of 8:04 AM New York time. ON Semiconductor’s stock is 0% over the last 200 days. It has underperformed the S&P500, which has risen 6.00% over the same time period.

Out of 17 analysts covering ON Semiconductor, 0 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $16 and the lowest is $9.5 according to Thomson/First Call. The 12-month mean target is $12, which means downside potential of 43.64% over the current price.

ON Stock Chart

ON Semiconductor (NASDAQ:ON) Profile

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

ON Semiconductor (NASDAQ:ON) traded down -1.66% on 12 January, hitting $21.29. A total of 13.92M shares of the company’s stock traded hands. This is up from average of 5.90M shares. ON Semiconductor has a 52 week low of $10.74 and a 52 week high of $21.77. The company has a market cap of $8.98B and a P/E ratio of 30.95.

Get the latest ON Semiconductor (NASDAQ:ON) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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