Ingram Micro (NYSE:INGM) Now Covered by Analysts at William Blair

Equities research analysts at William Blair assumed coverage on shares of Ingram Micro (NYSE:INGM - Get Free Report) in a note issued to investors on Monday, Marketbeat.com reports. The brokerage set an "outperform" rating on the stock.

Several other research firms have also recently commented on INGM. Bank of America assumed coverage on Ingram Micro in a report on Monday. They issued a "buy" rating and a $30.00 price target for the company. BNP Paribas initiated coverage on Ingram Micro in a research note on Monday. They set a "neutral" rating and a $25.00 target price for the company. Stifel Nicolaus began coverage on shares of Ingram Micro in a research note on Monday. They issued a "buy" rating and a $28.00 price target for the company. Northcoast Research started coverage on shares of Ingram Micro in a research note on Friday, November 8th. They set a "neutral" rating on the stock. Finally, Morgan Stanley assumed coverage on shares of Ingram Micro in a research report on Monday. They issued an "equal weight" rating and a $24.00 target price for the company. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $27.92.

Ingram Micro Price Performance

INGM traded up $0.02 on Monday, reaching $22.77. 504,917 shares of the company's stock were exchanged, compared to its average volume of 349,689. Ingram Micro has a twelve month low of $22.01 and a twelve month high of $25.69.

Ingram Micro (NYSE:INGM - Get Free Report) last issued 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 for 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.