Peel Hunt Reconfirms a “Add” Rating on Victrex PLC (LON:VCT) and GBX 2850.00 Target; Last Week MagnaChip Semiconductor (MX) Coverage

Among 5 analysts covering MagnaChip Semi (NYSE:MX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. MagnaChip Semi had 16 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Needham on Friday, January 13. On Thursday, September 29 the stock rating was initiated by TH Capital with “Buy”. Roth Capital maintained MagnaChip Semiconductor Corporation (NYSE:MX) on Sunday, July 30 with “Buy” rating. On Thursday, September 29 the stock rating was initiated by Roth Capital with “Buy”. As per Friday, August 7, the company rating was maintained by Topeka Capital Markets. The stock has “Neutral” rating by Citigroup on Monday, August 7. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Roth Capital on Wednesday, August 9. Topeka Capital Markets maintained MagnaChip Semiconductor Corporation (NYSE:MX) on Thursday, February 18 with “Buy” rating. Needham maintained the stock with “Buy” rating in Friday, August 4 report. The firm has “Buy” rating given on Thursday, July 13 by Needham. See MagnaChip Semiconductor Corporation (NYSE:MX) latest ratings:

02/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $11 New Target: $10 Maintain

Peel Hunt currently has a GBX 2850.00 target on the 2.39 billion GBP market cap company or 2.15% upside potential. In a report made public on Thursday morning, Victrex PLC (LON:VCT) stock had its “Add” Rating maintained by research professionals at Peel Hunt.

Among 16 analysts covering Victrex PLC (LON:VCT), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. Victrex PLC has GBX 2850 highest and GBX 1380 lowest target. GBX 2223.31’s average target is -20.06% below currents GBX 2781.3467 stock price. Victrex PLC had 169 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, July 21 the stock rating was maintained by Credit Suisse with “Outperform”. The stock has “Buy” rating by Liberum Capital on Thursday, May 5. Jefferies maintained the stock with “Hold” rating in Wednesday, July 27 report. Liberum Capital maintained Victrex plc (LON:VCT) rating on Tuesday, January 10. Liberum Capital has “Buy” rating and GBX 2245 target. The stock of Victrex plc (LON:VCT) earned “Buy” rating by Liberum Capital on Friday, May 27. On Wednesday, July 27 the stock rating was maintained by Numis Securities with “Add”. Liberum Capital maintained Victrex plc (LON:VCT) rating on Wednesday, January 24. Liberum Capital has “Buy” rating and GBX 2770 target. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, March 29. The company was maintained on Thursday, December 10 by Peel Hunt. The firm earned “Hold” rating on Thursday, August 24 by Deutsche Bank.

Victrex plc, through its subsidiaries, makes and sells polymers worldwide. The company has market cap of 2.39 billion GBP. It operates through two divisions, Victrex Polymer Solutions and Invibio Biomaterial Solutions. It has a 23.94 P/E ratio. The firm offers VICTREX PEEK polymer materials; and biomaterial solutions for use in spine, dental, trauma, knee, cardiovascular, and orthopedic applications.

The stock increased 1.96% or GBX 53.3467 during the last trading session, reaching GBX 2781.3467. About 46,684 shares traded. Victrex plc (LON:VCT) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

The stock increased 0.93% or $0.1 during the last trading session, reaching $10.8. About 320,501 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 9.94% since May 17, 2017 and is uptrending. It has underperformed by 1.61% the S&P500.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.14, from 1.17 in 2017Q3. It dived, as 13 investors sold MagnaChip Semiconductor Corporation shares while 18 reduced holdings. 13 funds opened positions while 19 raised stakes. 25.63 million shares or 7.06% more from 23.94 million shares in 2017Q3 were reported. Menta Cap Lc holds 43,124 shares or 0.08% of its portfolio. 10,777 are held by Wells Fargo & Mn. New York-based Morgan Stanley has invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Blackrock Incorporated has 0% invested in MagnaChip Semiconductor Corporation (NYSE:MX). California Pub Employees Retirement Sys reported 77,905 shares stake. Goldman Sachs Grp has invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Manufacturers Life Ins Communication The invested in 621,092 shares. Moreover, Columbia Pacific Advsrs Lc has 0.19% invested in MagnaChip Semiconductor Corporation (NYSE:MX) for 12,824 shares. Point72 Asset Limited Partnership accumulated 0.01% or 307,500 shares. Brigade Capital Mgmt Ltd Partnership holds 1.71% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX) for 3.13M shares. Deutsche Retail Bank Ag reported 39,398 shares. Oaktree Mgmt L P holds 0.47% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX) for 3.00 million shares. Blair William Company Il, a Illinois-based fund reported 10,500 shares. Alliancebernstein Lp stated it has 2.18M shares or 0.02% of all its holdings. Granite Point Cap Mngmt L P holds 60,781 shares or 0.06% of its portfolio.

MagnaChip Semiconductor Corporation designs, makes, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide. The company has market cap of $370.67 million. The firm operates through two divisions, Foundry Services Group, and Standard Products Group. It has a 5.35 P/E ratio. It provides display solutions, including source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra-high definition , high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks, and mobile communications and entertainment devices.

Since January 24, 2018, it had 8 buys, and 3 selling transactions for $3.55 million activity. $72,598 worth of stock was bought by Kim Jonathan W on Tuesday, February 13. KEATING MELVIN L had bought 3,600 shares worth $32,432. 149,000 shares were sold by Brigade Leveraged Capital Structures Offshore Ltd, worth $1.93 million on Wednesday, January 24. $53,925 worth of MagnaChip Semiconductor Corporation (NYSE:MX) was bought by Klein Randal T on Wednesday, May 2. Another trade for 15,000 shares valued at $136,050 was bought by NADER TAVAKOLI. 1,000 shares were bought by Lee Woung Moo, worth $9,100 on Wednesday, February 14. Shares for $81,325 were bought by Kim Young-Joon on Monday, February 12.

MagnaChip Semiconductor Corporation (NYSE:MX) Institutional Positions Chart