Advanced Micro Devices (NASDAQ:AMD) saw an upgrade in their rating of “neutral” by JPMorgan Chase&Co. as stated in their report released on Wednesday. This maintenance of rating is expected to upswing the rating by 9.03% with the current objective price of $86 from $62.
Morgan Stanley has promoted NASDAQ:AMD share rating to “equal-weight” with $73 on July 29. BMO Capital Markets increased NASDAQ:AMD shares aim price to $70 from $50 while Loop Capital increased theirs to $95. Currently, the stock market consensus has given a $77.30 target price with a rating of “buy”. Currently, the stock market consensus has given a $28.50 target price with a rating of “buy” to NASDAQ:AMD.
NASDAQ:AMD 52-week lowest is $32.03 and the highest at $94.28. This Wednesday, NASDAQ:AMD shares opened on the stock market with a price of $78.88. Subsequently, their fifty-day rolling average rate showed $80.58 and $66.80 two hundred-day average. The company also revealed their PE quotient is 148.83, P/E/G 1.95, 1.56 quick quotient, debt-to-equity 0.15, and beta 2.30 with a market cap at $92.61 billion.
AMD surpasses EPS estimation worth $0.31 with $0.41 in this quarter. The firm has a 28.66% equity return and a 7.96% net profit. Their quarterly revenue was $2.80 billion and $0.18 EPS along with an expectation of 0.92 EPS next year.
Insiders of NASDAQ:AMD have ownership of 66.08% of the entire stock and earned $36,704,596 by selling 458,635 shares in the former quarter.
Advanced Micro Devices, Intel Core i9, AMD Ryzen 7, Central processing unit
World news – US – Price Objective Of Advanced Micro Devices (NASDAQ:AMD) Spiked To $86