The stocks of SYNA have faced a reduction in their ratings, after Zacks Investment Research shifted them from a rating of hold, to a rating of sell in a research report that was sent out to investors and clients last Thursday.
The Quarterly Earnings Of SYNA
The stocks of SYNA have been commented on by quite a few research equities. KeyCorp has already increased the price objective on the stocks of the company from $100 to $120 while giving them a rating of overweight in a Wednesday research report. Rosenblatt Securities has also increased the price target on the shares of the company from a sum of $95 to a sum of $110 while giving the stocks a rating of buy in a Friday research note.
BidaskClub has also increased the shares of the company from hold to buy, in a 31st December research report. Mizuho Securities has also increased the price objective on the stocks of the company from a sum of $90 to a sum of $93, while giving the stocks a rating of buy in a 6th November research report. In the end, Cowen has also commented on the stocks of SYNA- with a rating of market perform, and a price target of $85.
Currently, there are three research analysts who have given the stocks a rating of sell, while four of them have given it a rating of hold. Six investment analysts have given the stocks a rating of buy. The consensus rating on the company’s stocks is Hold, with a price target of about $92.50.
The stocks of SYNA traded at $0.29 last Thursday, where they touched $101.56. The moving average of the company over 50-days is $83.3, while the moving average of the company over 200-days is $79.30. The debt-to-equity ratio of the company is 0.72, while the market cap of the company is $3.51 billion.
