Ingram Micro (NYSE:INGM) Now Covered by Analysts at BNP Paribas

Stock analysts at BNP Paribas started coverage on shares of Ingram Micro (NYSE:INGM - Get Free Report) in a research report issued to clients and investors on Monday, MarketBeat reports. The firm set a "neutral" rating and a $25.00 price target on the stock. BNP Paribas' price objective would indicate a potential upside of 9.79% from the stock's previous close.

A number of other research analysts have also recently weighed in on the stock. Raymond James initiated coverage on shares of Ingram Micro in a report on Monday. They issued an "outperform" rating and a $28.00 price objective for the company. Bank of America began coverage on Ingram Micro in a research report on Monday. They set a "buy" rating and a $30.00 price target on the stock. Northcoast Research initiated coverage on Ingram Micro in a research report on Friday, November 8th. They issued a "neutral" rating for the company. Evercore ISI assumed coverage on shares of Ingram Micro in a research note on Monday. They issued an "inline" rating and a $27.00 price target on the stock. Finally, Royal Bank of Canada began coverage on shares of Ingram Micro in a research report on Monday. They set an "outperform" rating and a $26.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.92.

Ingram Micro Stock Performance

Shares of Ingram Micro stock traded up $0.02 during trading on Monday, reaching $22.77. 493,802 shares of the stock traded hands, compared to its average volume of 349,035. Ingram Micro has a 52-week low of $22.01 and a 52-week high of $25.69.

Ingram Micro (NYSE:INGM - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported $0.72 EPS for the quarter. The firm had revenue of $11.76 billion for the quarter.

Ingram Micro Company Profile

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.