Seagate Technology PLC with ticker code (STX) have now 22 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 70 and 37 with the average target price sitting at 54.5. Given that the stocks previous close was at 47.3 this would indicate that there is a potential upside of 15.2%. The day 50 moving average is 51.01 and the 200 day MA is 52.17. The market capitalisation for the company is $12,149m. Visit the company website at: http://www.seagate.com
Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company manufactures and distributes hard disk drives; solid state drives (SSDs), including serial attached small computer system interface and non-volatile memory express SSDs; solid state hybrid drives; and storage subsystems. Its products are used in enterprise servers and storage systems; edge non-compute applications, such as various end user devices comprising portable external storage systems, surveillance systems, network-attached storages, digital video recorders, and gaming consoles; and edge compute applications primarily for desktop and mobile computing, as well as data centers. It also provides enterprise data solutions portfolio comprising storage subsystems for enterprises, cloud service providers, and scale-out storage servers and original equipment manufacturers (OEMs). In addition, the company offers external storage solutions under the Seagate Backup Plus and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 168TB. It sells its products primarily to OEMs, distributors, and retailers. The company was founded in 1979 and is headquartered in Dublin, Ireland.