Seagate Technology PLC – Ordina with ticker code (STX) now have 22 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 65 and 41 and has a mean target at 52.68. Given that the stocks previous close was at 57.37 this is indicating there is a potential downside of -8.2%. The 50 day moving average now sits at 54.86 while the 200 day moving average is 43.99. The market cap for the company is $16,204m. Find out more information 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 and their related controllers, solid state hybrid drives, and storage subsystems. Its products are used in enterprise servers and storage systems applications; client compute applications, primarily for desktop and mobile computing; and client non-compute applications, including various end user devices, such as portable external storage systems, surveillance systems, network-attached storage, digital video recorders, and gaming consoles. The company offers external backup storage solutions under the Backup Plus and Expansion product lines, as well as under the Maxtor and LaCie brand names available in capacities up to 120 terabytes. It sells its products primarily to original equipment manufacturers, distributors, and retailers. Seagate Technology plc was founded in 1979 and is headquartered in Dublin, Ireland.