BidaskClub upgraded shares of Super Micro Computer (NASDAQ:SMCI) from a strong sell rating to a sell rating in a research note released on Thursday morning.
Other equities analysts have also recently issued reports about the company. Maxim Group restated a buy rating and set a $45.00 price target on shares of Super Micro Computer in a report on Wednesday, November 8th. Zacks Investment Research upgraded Super Micro Computer from a strong sell rating to a hold rating in a report on Thursday, December 28th. Finally, Wells Fargo & Co started coverage on Super Micro Computer in a report on Tuesday, November 14th. They issued a market perform rating and a $20.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. Super Micro Computer presently has a consensus rating of Hold and an average price target of $28.14.
Super Micro Computer (NASDAQ:SMCI) opened at $19.75 on Thursday. The stock has a market capitalization of $961.69, a P/E ratio of 14.74, a price-to-earnings-growth ratio of 1.02 and a beta of 0.09. Super Micro Computer has a twelve month low of $17.55 and a twelve month high of $27.90. The company has a current ratio of 2.34, a quick ratio of 1.15 and a debt-to-equity ratio of 0.12.
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About Super Micro Computer
Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.
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