Ingram Micro (NYSE:INGM) Coverage Initiated at Evercore ISI

Evercore ISI assumed coverage on shares of Ingram Micro (NYSE:INGM - Free Report) in a research report report published on Monday morning, MarketBeat.com reports. The firm issued an inline rating and a $27.00 target price on the stock.

Several other brokerages have also weighed in on INGM. Raymond James started coverage on Ingram Micro in a research report on Monday. They issued an "outperform" rating and a $28.00 price objective for the company. Northcoast Research began coverage on Ingram Micro in a research report on Friday, November 8th. They set a "neutral" rating for the company. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, Ingram Micro currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.92.

Ingram Micro Trading Up 0.1 %

Shares of INGM traded up $0.02 during trading hours on Monday, hitting $22.77. The stock had a trading volume of 493,802 shares, compared to its average volume of 349,035. Ingram Micro has a fifty-two week low of $22.01 and a fifty-two week high of $25.69.

Ingram Micro (NYSE:INGM - Get Free Report) last posted its quarterly earnings data 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.