Stifel Nicolaus Maintains a Buy Rating on Advanced Micro Devices (AMD) and $17 Target; 4 Analysts Are Bullish Shaw Communications Inc. (TSE:SJR.B) Last Week

Advanced Micro Devices, Inc. (NASDAQ:AMD) Logo

In analysts note issued to investors and clients on today, Stifel Nicolaus kept their Buy rating on Advanced Micro Devices (NASDAQ:AMD)‘s stock. The PT means a potential upside of 23.82% from company’s current price.

Among 8 analysts covering Shaw Communications Inc. (TSE:SJR.B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Shaw Communications Inc. had 33 analyst reports since September 9, 2015 according to SRatingsIntel. On Friday, October 27 the stock rating was upgraded by Echelon Wealth Partners to “Buy”. The firm has “Outperform” rating given on Thursday, November 3 by Scotia Capital. As per Wednesday, April 5, the company rating was initiated by Scotia Capital. The stock has “Hold” rating by Canaccord Genuity on Wednesday, September 9. The company was maintained on Tuesday, November 22 by Scotia Capital. The company was initiated on Tuesday, June 27 by National Bank Canada. The company was maintained on Wednesday, December 7 by Scotia Capital. The rating was maintained by RBC Capital Markets on Tuesday, June 27 with “Outperform”. The company was maintained on Thursday, November 3 by TD Securities. Scotia Capital maintained the stock with “Outperform” rating in Friday, January 13 report. See Shaw Communications Inc. (TSE:SJR.B) latest ratings:

Among 33 analysts covering Advanced Micro (NASDAQ:AMD), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. Advanced Micro has $2700 highest and $1.75 lowest target. $13.29’s average target is -3.20% below currents $13.73 stock price. Advanced Micro had 125 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has “Buy” rating by Robert W. Baird on Monday, February 12. The firm has “Equal-Weight” rating given on Thursday, December 15 by Morgan Stanley. The rating was maintained by Wells Fargo on Thursday, June 29 with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Sunday, April 8. The rating was maintained by Goldman Sachs on Wednesday, November 29 with “Sell”. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) has “Hold” rating given on Wednesday, January 10 by M Partners. The stock has “Buy” rating by Rosenblatt on Wednesday, October 25. As per Monday, June 26, the company rating was maintained by M Partners. The stock has “Hold” rating by M Partners on Wednesday, April 18. Canaccord Genuity maintained the shares of AMD in report on Wednesday, February 1 with “Buy” rating.

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: Nasdaq.com which released: “AMD Press Conference and Webcast from Computex 2018 to Showcase High Performance Product Leadership and …” on May 31, 2018, also Seekingalpha.com with their article: “AMD Vega Margins Explained” published on May 31, 2018, Seekingalpha.com published: “AMD’s $9 Target” on May 30, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: Fool.com and their article: “AMD Keeps Chipping Away At Intel’s Dominance” published on May 29, 2018 as well as Nasdaq.com‘s news article titled: “Better Buy: Advanced Micro Devices vs. Cypress Semiconductor” with publication date: May 22, 2018.

Analysts await Advanced Micro Devices, Inc. (NASDAQ:AMD) to report earnings on July, 24. They expect $0.10 EPS, up 1,100.00% or $0.11 from last year’s $-0.01 per share. AMD’s profit will be $96.93M for 34.33 P/E if the $0.10 EPS becomes a reality. After $0.08 actual EPS reported by Advanced Micro Devices, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Advanced Micro Devices, Inc. operates as a semiconductor firm worldwide. The company has market cap of $13.31 billion. The Company’s primarily offers x86 microprocessors as an accelerated processing unit , chipsets, discrete graphics processing units (GPUs), and professional graphics; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It has a 343.25 P/E ratio. The firm provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brand names.

The stock decreased 0.65% or $0.09 during the last trading session, reaching $13.73. About 42.16M shares traded. Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 23.32% since June 1, 2017 and is uptrending. It has outperformed by 10.75% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 20 insider sales for $24.99 million activity. On Tuesday, December 12 the insider Su Lisa T sold $1.26 million. The insider KUMAR DEVINDER sold 140,473 shares worth $1.75M. ANDERSON JAMES ROBERT also sold $1.60 million worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares. On Tuesday, February 6 Papermaster Mark D sold $1.16 million worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) or 100,000 shares. $688,750 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) was sold by Norrod Forrest Eugene. WOLIN HARRY A also sold $575,156 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares.

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.22, from 1.09 in 2017Q4. It improved, as 44 investors sold Advanced Micro Devices, Inc. shares while 110 reduced holdings. 67 funds opened positions while 135 raised stakes. 572.02 million shares or 0.90% less from 577.22 million shares in 2017Q4 were reported. Next Fincl Group Inc Inc owns 26,580 shares for 0.06% of their portfolio. Profund Advsrs Ltd Company owns 206,893 shares or 0.08% of their US portfolio. Tradewinds Capital Limited Liability Company reported 0% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Capital holds 0% or 2.00M shares in its portfolio. Gsa Cap Prtn Llp holds 0.26% or 494,392 shares. 4.64 million were accumulated by Barclays Public Ltd Company. Strategic Wealth Ltd has invested 0.26% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Brinker Cap invested 0.05% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Signaturefd Lc accumulated 610 shares. Kentucky Retirement Sys owns 0.04% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 42,990 shares. Gilder Gagnon Howe And Communications Ltd Liability Co has 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Texas Permanent School Fund invested 0.03% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Nine Masts invested in 0.42% or 271,017 shares. Cibc holds 232,058 shares or 0.01% of its portfolio. Davenport Lc stated it has 0% in Advanced Micro Devices, Inc. (NASDAQ:AMD).

Advanced Micro Devices, Inc. (NASDAQ:AMD) Institutional Positions Chart