The stock of Vishay Intertechnology (NYSE:VSH) hit a new 52-week high and has $19.60 target or 40.00% above today’s $14.00 share price. The 6 months bullish chart indicates low risk for the $2.04 billion company. The 1-year high was reported on Nov, 7 by Barchart.com. If the $19.60 price target is reached, the company will be worth $816.00M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 317,507 shares traded hands. Vishay Intertechnology (NYSE:VSH) has risen 18.27% since April 5, 2016 and is uptrending. It has outperformed by 16.32% the S&P500.
Vishay Intertechnology (NYSE:VSH) Ratings Coverage
Out of 4 analysts covering Vishay Intertechnology (NYSE:VSH), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. Vishay Intertechnology has been the topic of 5 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Vishay Intertechnology (NYSE:VSH) earned “Sell” rating by Citigroup on Friday, October 23. Bank of America downgraded the shares of VSH in a report on Wednesday, August 5 to “Underperform” rating. TheStreet downgraded the shares of VSH in a report on Saturday, September 5 to “Hold” rating.
According to Zacks Investment Research, “Vishay Intertechnology, Inc. is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components, particularly resistors, capacitors, inductors, diodes and transistors. The company offers its customers one-stop access to one of the most comprehensive electronic component lines of any manufacturer in the United States or Europe. Passive electronic components, discrete active electronic components and integrated circuits are the primary elements of every electronic circuit.”
Insitutional Activity: The institutional sentiment increased to 1.47 in Q2 2016. Its up 0.10, from 1.37 in 2016Q1. The ratio increased, as 18 funds sold all Vishay Intertechnology shares owned while 59 reduced positions. 26 funds bought stakes while 87 increased positions. They now own 149.92 million shares or 0.17% more from 149.67 million shares in 2016Q1.
Moreover, Us Natl Bank De has 0% invested in Vishay Intertechnology (NYSE:VSH) for 2,773 shares. Creative Planning owns 1,358 shares or 0% of their US portfolio. Pine River Mngmt L P holds 0.01% or 80,109 shares in its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt last reported 0.01% of its portfolio in the stock. The Illinois-based Lsv Asset Management has invested 0.19% in Vishay Intertechnology (NYSE:VSH). California Public Employees Retirement Sys has 645,300 shares for 0.01% of their US portfolio. Pub Employees Retirement Association Of Colorado accumulated 0% or 28,069 shares. Chicago Equity Prtnrs Lc reported 238,840 shares or 0.09% of all its holdings. Swiss Bank reported 223,100 shares or 0% of all its holdings. Legal And General Group Public Ltd Company has 153,872 shares for 0% of their US portfolio. Virginia Retirement Et Al owns 15,300 shares or 0% of their US portfolio. Goldman Sachs Group Inc has invested 0.01% of its portfolio in Vishay Intertechnology (NYSE:VSH). Moreover, Ronald Blue And Ltd Liability Co has 0.01% invested in Vishay Intertechnology (NYSE:VSH) for 12,285 shares. Barrow Hanley Mewhinney & Strauss has invested 0.14% of its portfolio in Vishay Intertechnology (NYSE:VSH). Quantitative Systematic Strategies Ltd Liability Corporation holds 0.08% of its portfolio in Vishay Intertechnology (NYSE:VSH) for 13,594 shares.
More notable recent Vishay Intertechnology (NYSE:VSH) news were published by: Streetinsider.com which released: “Vishay Intertechnology (VSH) Tops Q3 EPS by 1c” on November 07, 2016, also Zacks.com with their article: “Why Earnings Season Could Be Great for Vishay Intertechnology (VSH)” published on November 04, 2016, Globenewswire.com published: “Vishay Intertechnology to Showcase Latest Industry-Leading Technologies at …” on October 27, 2016. More interesting news about Vishay Intertechnology (NYSE:VSH) were released by: Nasdaq.com and their article: “Vishay Intertechnology to Launch Vishay Resistors University” published on November 02, 2016 as well as Zacks.com‘s news article titled: “Why Vishay Intertechnology (VSH) Could Be a Top Value Stock Pick” with publication date: October 14, 2016.
VSH Company Profile
Vishay Intertechnology, Inc., incorporated on July 3, 1962, is a global maker and supplier of discrete semiconductors and passive components. The Firm operates through five divisions: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. The Company’s products are of two classes: semiconductors and passive components. The Company’s semiconductors include MOSFETs, diodes and optoelectronic components, which operate in both the commodity and non-commodity markets. The Company’s passive components include resistors, capacitors and magnetics, such as inductors and transformers. Discrete semiconductors and passive components supports the microprocessor chips and other integrated circuits (ICs) that coordinate and control the functions of electronic devices and equipment. It offers its clients access to electronic component product lines of any maker in the United States, Europe and Asia.
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