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Roth Capital Indicated Intel Corporation (NASDAQ:INTC) As ‘Buy’

At present, 10 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. Beacon Financial Group now owns 244,004 shares of the chip maker’s stock worth $7,791,000 after buying an additional 3,612 shares in the last quarter. Finally, QS Investors LLC boosted its position in Intel Corp.by 23.6% in the fourth quarter. Fruth Investment Management now owns 13,489 shares of the chip maker’s stock worth $442,000 after buying an additional 75 shares in the last quarter. Finally, Fruth Investment Management raised its position in shares of Intel Corp.by 0.6% in the second quarter. Riverhead Capital Management LLC now owns 979,587 shares of the chip maker’s stock worth $31,688,000 after buying an additional 36,100 shares in the last quarter. Also, VP Gregory R. Pearson sold 1,506 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The business had revenue of $13.50 billion for the quarter, compared to analyst estimates of $13.54 billion. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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A total of 34 firms have released a research note on the company.

Srb Corp holds 15.82% of its portfolio in Intel Corporation for 3.15 million shares. The disclosure for this sale can be found here.

Shares of Intel Corp. (NASDAQ:INTC) opened at 36.08 on Tuesday. Over the same time span, the stock notched a high price of US$36.04 and its minimum level reached was US$27.68.

The 20-day Simple Moving average for Intel Corporation NASDAQ is measured to be 5.11% in conjunction with the 200-Day Simple Moving Average of 12.48%. The stock has total market worth of $171.60B and it has total of 4.73B outstanding shares.

Intel Corp. (NASDAQ:INTC) last announced its quarterly earnings results on Wednesday, July 20th. Analyst recommendation for this stock stands at 2.30. Similarly, the company’s last 5 years high P/E ratio is 16.22 and low P/E is 9.49, whereas, the industry’s and sector’s high P/E for the past year is 37.4 and 28.76 respectively and low P/E ratio for the last 5 years is 16.42 for the industry and 11.63 for the Sector. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.88%. Recently, analysts have updated the mean rating to 2.3. Wells Fargo & Co. reaffirmed a “buy” rating on shares of Intel Corp.in a report on Sunday.

Analysts have consensus one year price target of $4.83.

A number of other equities research analysts also recently weighed in on the company.

Roth Capital gave shares of Intel Corporation a price target of 40 indicating a potential increase of 11.45% from Intel Corporation’s current price of 35.89.

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July 25, 2016 – Intel Corporation (INTC) A recent study exploring how post-secondary students and recent graduates from across Canada are viewing, and adapting, to the current labour market shows optimism in the face of challenges, a desire to embrace self-employment and entrepreneurship and an ongoing reliance on technology for success. The Companys operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. The Companys platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things.

Intel Corporation