Ingram Micro (NYSE:INGM) Now Covered by Analysts at Stifel Nicolaus

Research analysts at Stifel Nicolaus assumed coverage on shares of Ingram Micro (NYSE:INGM - Get Free Report) in a research note issued on Monday, Marketbeat reports. The firm set a "buy" rating and a $28.00 price target on the stock. Stifel Nicolaus' target price would indicate a potential upside of 22.97% from the company's current price.

INGM has been the subject of several other reports. Northcoast Research assumed coverage on shares of Ingram Micro in a report on Friday, November 8th. They issued a "neutral" rating for the company. Redburn Atlantic started coverage on Ingram Micro in a report on Monday. They set a "buy" rating and a $30.00 target price on the stock. BNP Paribas started coverage on Ingram Micro in a research note on Monday. They issued a "neutral" rating and a $25.00 price target on the stock. Evercore ISI started coverage on shares of Ingram Micro in a research report on Monday. They issued an "inline" rating and a $27.00 target price on the stock. Finally, Bank of America began coverage on shares of Ingram Micro in a research report on Monday. They set a "buy" rating and a $30.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $27.92.

Ingram Micro Trading Up 0.1 %

Shares of INGM traded up $0.02 during midday trading on Monday, reaching $22.77. The 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 quarterly earnings data on Tuesday, November 12th. The company reported $0.72 EPS for the quarter. The company had revenue of $11.76 billion during the quarter.

About Ingram Micro

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.