Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ingram Micro (NYSE:INGM - Free Report) in a report released on Monday morning, Marketbeat.com reports. The firm issued a buy rating and a $26.00 price objective on the stock.
Several other research analysts have also weighed in on the stock. Northcoast Research started coverage on shares of Ingram Micro in a research note on Friday, November 8th. They issued a "neutral" rating on the stock. BNP Paribas assumed coverage on shares of Ingram Micro in a report on Monday. They set a "neutral" rating and a $25.00 price target for the company. Raymond James assumed coverage on Ingram Micro in a research note on Monday. They issued an "outperform" rating and a $28.00 price objective on the stock. Stifel Nicolaus assumed coverage on Ingram Micro in a report on Monday. They issued a "buy" rating and a $28.00 target price on the stock. Finally, Jefferies Financial Group initiated coverage on Ingram Micro in a research report on Monday. They issued a "buy" rating and a $28.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Ingram Micro currently has an average rating of "Moderate Buy" and an average price target of $27.92.
Check Out Our Latest Analysis on INGM
Ingram Micro Trading Up 0.1 %
Ingram Micro stock traded up $0.02 during midday trading on Monday, hitting $22.77. The company's stock had a trading volume of 493,802 shares, compared to its average volume of 349,035. Ingram Micro has a 12 month low of $22.01 and a 12 month high of $25.69.
Ingram Micro (NYSE:INGM - Get Free Report) last released its earnings results on Tuesday, November 12th. The company reported $0.72 EPS for the quarter. The business had revenue of $11.76 billion during the quarter.
About Ingram Micro
(
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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.
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