Analysts Offer Insights on Technology Companies: Silex Systems Limited (OtherSILXF) and Panasonic (OtherPCRFF) | Markets Insider
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Silex Systems Limited (SILXF – Research Report) and Panasonic (PCRFF – Research Report) with bullish sentiments.
Silex Systems Limited (SILXF)
Canaccord Genuity analyst James Bullen maintained a Buy rating on Silex Systems Limited on May 6 and set a price target of A$6.46. The company’s shares closed last Friday at $1.93.
According to TipRanks.com, Bullen is a 1-star analyst with an average return of -3.8% and a 39.7% success rate. Bullen covers the NA sector, focusing on stocks such as Deep Yellow Limited, Paladin Energy Ltd, and Amplitude Energy.
Currently, the analyst consensus on Silex Systems Limited is a Moderate Buy with an average price target of $4.16, an 110.1% upside from current levels. In a report issued on May 7, Shaw and Partners also maintained a Buy rating on the stock with a A$6.50 price target.
Panasonic (PCRFF)
Jefferies analyst Atul Goyal maintained a Buy rating on Panasonic today and set a price target of Yen2193.00. The company’s shares closed last Friday at $12.32, close to its 52-week high of $12.76.
According to TipRanks.com, Goyal is a 5-star analyst with an average return of 15.2% and a 69.4% success rate. Goyal covers the NA sector, focusing on stocks such as SoftBank Group, Nintendo Co, and Capcom Co.
Panasonic has an analyst consensus of Strong Buy, with a price target consensus of $15.76.
