Intel Corporation (NASDAQ:INTC) a Buy: UBS

In a research note issued to investors, Stephen Chin at UBS Reiterated their Buy rating on Intel Corporation (NASDAQ:INTC). The analyst placed a $36.50 price target on the stock which indicates a 9.74% upside to the last closing price. In the year following Stephen’s ratings, the stocks covered yield an average return of 19.6% according to In the past year 38 out of 53 recommendations or 72% were successful.

There are 28 research firms in total that have issued ratings on Intel Corporation (NASDAQ:INTC) within the past year. The consensus, or mean target price of the Wall Street analysts covering the firm is $36.607.

Analysts are predicting that Intel Corporation (NASDAQ:INTC) will report $0.52 earnings per share when they next issue their quarterly earnings release on or around 2015-07-21. The consensus mean estimate is the calculated mean of all brokerage sell-side analysts that issue earnings estimates for the company. In the most recent quarter the company reported earnings of $0.41 that ended on 2015-03-31.

Intel Corporation (NASDAQ:INTC) has a 2.04 consensus analyst rating on the stock based on an arithmetical average of the 28 ratings given by the brokerage analysts covering the company. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. The highest estimate of the 28 covering analysts sees the stock climbing to $50 within the next year while the lowest estimate places the 12-month target price at $30.

Looking ahead to full year estimates, analysts have placed the consensus earnings per share estimate for the current year at $2.29. The most bullish analyst sees the company reporting earnings per share of $2.62 while the most bearish analyst is predicting a current year EPS number of $2.09. Looking further ahead to the next three to five years, the long term EPS growth rate on a consensus basis is 8.21%, based on the 7 analysts providing longer term projections in their models.

Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset. The Company’s platforms are used in a range of applications, such as personal computers (PCs) (including Ultrabook systems), data centers, tablets, smartphones, automobiles, automated factory systems and medical devices. In February 2013, it acquired ProFUSION-Comercio e Prestacao de Servicos em Tecnologia da Informacao Ltda. In April 2013, Intel Corp acquired Aepona Ltd. Effective July 16, 2013, Intel Corp acquired Omek Interactive Ltd. Effective August 15, 2013, Intel Corp acquired Fujitsu Semiconductor Wireless Products Inc, from Fujitsu Semiconductor Ltd, a wholly owned subsidiary of Fujitsu Ltd. Effective November 8, 2013, Intel Corp acquired Kno Inc, a developer of educational software..