ON Semiconductor Corporation with ticker code (ON) have now 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 26 and 13 and has a mean target at 19.37. With the stocks previous close at 13.73 this would imply there is a potential upside of 41.1%. The 50 day moving average now sits at 14.95 and the 200 moving average now moves to 19.94. The company has a market capitalisation of $5,910m. Visit the company website at: http://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 and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The ASG segment designs and develops analog, mixed-signal, logic, Wi-Fi, and application specific integrated circuits and standard products, as well as power solutions for various end-users in the automotive, consumer, computing, industrial, communications, medical, and aerospace/defense markets. It also provides trusted foundry and design services for government customers; and manufacturing services. The ISG segment offers complementary metal oxide semiconductors and charge-coupled device image sensors, proximity sensors, image signal processors, single photon detectors, and actuator drivers for autofocus and image stabilization for a range of customers in automotive, industrial, consumer, wireless, medical, and aerospace/defense 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.