NXP Semiconductors NV (NASDAQ:NXPI)‘s stock had its “overweight” rating restated by Pacific Crest in a research note issued to investors on Tuesday,MarketBeat reports.

Other research analysts have also issued reports about the stock. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 target price on shares of NXP Semiconductors NV in a research note on Monday, February 8th. FBR & Co. reiterated a “buy” rating on shares of NXP Semiconductors NV in a research note on Tuesday, January 19th. Topeka Capital Markets raised their target price on shares of NXP Semiconductors NV from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, February 5th. Jefferies Group raised their target price on shares of NXP Semiconductors NV from $107.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, February 5th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $120.00 target price (up from $84.58) on shares of NXP Semiconductors NV in a research note on Friday, December 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. NXP Semiconductors NV currently has a consensus rating of “Buy” and an average price target of $104.84.

NXP Semiconductors NV (NASDAQ:NXPI) traded up 0.03% during midday trading on Tuesday, reaching $79.91. 1,025,986 shares of the company traded hands. NXP Semiconductors NV has a 12 month low of $61.61 and a 12 month high of $114.00. The firm’s 50 day moving average price is $72.30 and its 200 day moving average price is $81.20. The firm has a market capitalization of $20.12 billion and a price-to-earnings ratio of 13.10.

NXP Semiconductors NV (NASDAQ:NXPI) last released its quarterly earnings results on Wednesday, February 3rd. The semiconductor provider reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.18. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.29 billion. On average, analysts expect that NXP Semiconductors NV will post $5.66 earnings per share for the current year.

Several institutional investors recently made changes to their positions in NXPI. Mackay Shields bought a new position in shares of NXP Semiconductors NV during the fourth quarter worth $37,245,000. TPG Group Holdings SBS Advisors Inc. bought a new position in shares of NXP Semiconductors NV during the fourth quarter worth $825,737,000. Price T Rowe Associates Inc. MD increased its position in shares of NXP Semiconductors NV by 202.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,348,629 shares of the semiconductor provider’s stock worth $787,622,000 after buying an additional 6,260,382 shares in the last quarter. Norges Bank bought a new position in shares of NXP Semiconductors NV during the fourth quarter worth $211,916,000. Finally, Janus Capital Management increased its position in shares of NXP Semiconductors NV by 55.7% in the third quarter. Janus Capital Management now owns 5,505,301 shares of the semiconductor provider’s stock worth $479,352,000 after buying an additional 1,969,438 shares in the last quarter.

NXP Semiconductors N.V. (NASDAQ:NXPI) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications.