InvestorsObserver is giving Silicon Laboratories Inc (SLAB) an Analyst Rating Rank of 29, meaning SLAB is ranked higher by analysts than 29% of stocks. The average price target for SLAB is $171.571 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating SLAB a Buy today. Find out what this means to you and get the rest of the rankings on SLAB!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Silicon Laboratories Inc Stock Today?
Silicon Laboratories Inc (SLAB) stock is trading at $143.65 as of 3:12 PM on Thursday, Aug 11, a decline of -$2.96, or -2.02% from the previous closing price of $146.61. The stock has traded between $143.46 and $147.45 so far today. Volume today is 271,471 compared to average volume of 348,714.
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