Ingram Micro (NYSE:INGM) Now Covered by Analysts at Raymond James

Raymond James started coverage on shares of Ingram Micro (NYSE:INGM) in a research note released on Monday morning, Marketbeat Ratings reports. The firm issued an outperform rating and a $28.00 target price on the stock.

Separately, Northcoast Research started coverage on shares of Ingram Micro in a research report on Friday, November 8th. They set a “neutral” rating for the company. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ingram Micro has a consensus rating of “Moderate Buy” and an average price target of $27.92.

Ingram Micro Stock Down 0.2 %

Shares of Ingram Micro stock opened at $22.70 on Monday. Ingram Micro has a twelve month low of $22.01 and a twelve month high of $25.69.

Ingram Micro (NYSE:INGM) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $11.76 billion during the quarter.

Ingram Micro Company Profile

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.