ON Semiconductor Corporation – Consensus Indicates Potential -1.4% Downside

Broker Ratings

ON Semiconductor Corporation with ticker code (ON) now have 27 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 75 and 50 calculating the mean target price we have 63.37. Now with the previous closing price of 64.24 this is indicating there is a potential downside of -1.4%. The 50 day moving average now sits at 53.49 while the 200 day moving average is 43.87. The market cap for the company is $27,272m. Find out more information at: https://www.onsemi.com

ON Semiconductor Corporation, together with its subsidiaries, manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group (PSG), Advanced Solutions Group (ASG), and Intelligent Sensing Group (ISG). The PSG segment offers analog, discrete, module, and integrated semiconductor products for various applications, such as power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The ASG segment designs and develops analog, mixed-signal, logic, ASSPs and ASICs, Wi-Fi, and power solutions. It also provides trusted foundry and design services for government customers; and manufacturing services. The ISG segment offers complementary metal oxide semiconductors image sensors; proximity sensors; image signal processors; single photon detectors, including SiPM and SPAD arrays; radars; and actuator drivers for autofocus and image stabilization for a range of customers in automotive, industrial, medical, aerospace/defense, communications, networking, wireless, consumer, and computing markets. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.

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