Barclays Increases Xilinx, Inc. (XLNX) Price Target to $43.00

Xilinx, Inc. (NASDAQ:XLNX) had its target price upped by investment analysts at Barclays from $41.00 to $43.00 in a research note issued on Thursday, StockTargetPrices.com reports. Barclays’ price objective would suggest a potential upside of 0.44% from the stock’s previous close.
Xilinx (NASDAQ:XLNX) traded up 0.94% during midday trading on Thursday, reaching $42.81. 7,656,773 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $46.83 and its 200-day moving average price is $44.60. The company has a market capitalization of $11.00 billion and a PE ratio of 20.00. Xilinx has a 1-year low of $37.20 and a 1-year high of $50.72.
XLNX has been the subject of several other research reports. Deutsche Bank reissued a “hold” rating and issued a $41.00 price target (up previously from $38.00) on shares of Xilinx in a research report on Thursday, October 15th. Bank of America restated an “underperform” rating and issued a $43.00 price objective (up from $37.00) on shares of Xilinx in a report on Thursday, October 15th. BMO Capital Markets raised their price objective on shares of Xilinx from $39.00 to $44.00 in a report on Thursday, October 15th. Goldman Sachs restated a “conviction-buy” rating and issued a $53.00 price objective on shares of Xilinx in a report on Monday, October 26th. Finally, Zacks Investment Research lowered shares of Xilinx from a “hold” rating to a “sell” rating in a report on Monday, October 12th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $47.91.

http://zolmax.com/investing/barclays-increases-xilinx-inc-xlnx-price-target-to-43-00/321560/

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