Home Most Popular <!DOCTYPE html> <html> <head> <title>Logitech International Analyst Target Price Achieved</title> </head> <body> Taking Stock: Logitech’s Shares Hit Analyst Bullseye

Logitech International Analyst Target Price Achieved Taking Stock: Logitech’s Shares Hit Analyst Bullseye

0
<!DOCTYPE html>
<html>
    <head>
        <title>Logitech International Analyst Target Price Achieved</title>
    </head>
    <body>
        Taking Stock: Logitech’s Shares Hit Analyst Bullseye

Logitech International SA (Symbol: LOGI) stock has surpassed the average analyst target price of $90.28, currently trading at $90.51/share. When a stock hits this target, analysts are faced with a fork in the road: do they downplay valuation or recalibrate the target upwards? Their decision can hinge on fundamental business developments propelling the stock — suggesting either an imminent upward target revision or a moment to consider locking in gains.

Within the Zacks coverage universe, Logitech International SA is subject to 7 varied analyst targets contributing to the mean of $90.28/share. Yet, this average — a statistical composite — contains outliers at both ends. Targets range from a modest $70.00 to an ambitious high of $104.00, with a standard deviation of $12.996.

However, scrutinizing the average LOGI price target is a quest for the collective wisdom of numerous analysts, steering away from depending solely on one expert opinion. With LOGI surpassing the $90.28/share benchmark, investors are prompted to reassess the company, pondering whether this is merely a stepping stone to a loftier target or a frothy valuation signaling a time to cash in some gains.

Current LOGI Analyst Ratings Breakdown
» Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong buy ratings: 4 4 4 4
Buy ratings: 0 0 0 0
Hold ratings: 6 6 5 5
Sell ratings: 0 0 0 0
Strong sell ratings: 1 1 1 1
Average rating: 2.45 2.45 2.4 2.4

The average rating in the mentioned table ranges from 1 to 5, with 1 signaling Strong Buy and 5 reflecting Strong Sell. Data utilized in this article is sourced from Zacks Investment Research via Quandl.com.

Check out the Top 25 Broker Analyst Picks of the S&P 500 »

Further Read:

• Discover YieldBoost Ranks By Industry

• Insights On Institutional Holders of FOXO

• Navigate the USDU Options Chain

The opinions expressed here are solely those of the author and not indicative of Nasdaq, Inc.