China Unicom (CHU) Reaches $13.53 Formed H&S; 8 Bullish Analysts Covering Semtech (SMTC)

China Unicom (CHU) formed H&S with $12.31 target or 9.00% below today’s $13.53 share price. China Unicom (CHU) has $41.52 billion valuation. The stock increased 0.15% or $0.02 during the last trading session, reaching $13.53. About 77,795 shares traded. China Unicom (NYSE:Hong Kong Limited) has 0.00% since December 27, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 11 analysts covering Semtech (NASDAQ:SMTC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Semtech had 31 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 24 by B. Riley & Co. RBC Capital Markets maintained it with “Hold” rating and $39.0 target in Monday, October 2 report. Drexel Hamilton maintained Semtech Corporation (NASDAQ:SMTC) on Thursday, November 30 with “Buy” rating. RBC Capital Markets maintained Semtech Corporation (NASDAQ:SMTC) rating on Thursday, December 1. RBC Capital Markets has “Sector Perform” rating and $32 target. Oppenheimer maintained Semtech Corporation (NASDAQ:SMTC) on Monday, May 29 with “Buy” rating. The stock of Semtech Corporation (NASDAQ:SMTC) has “Sector Perform” rating given on Tuesday, November 17 by RBC Capital Markets. The firm earned “Buy” rating on Sunday, August 27 by Oppenheimer. Drexel Hamilton maintained the stock with “Buy” rating in Wednesday, August 30 report. B. Riley & Co upgraded Semtech Corporation (NASDAQ:SMTC) on Friday, August 14 to “Sell” rating. Drexel Hamilton maintained Semtech Corporation (NASDAQ:SMTC) rating on Thursday, June 1. Drexel Hamilton has “Buy” rating and $4500 target. See Semtech Corporation (NASDAQ:SMTC) latest ratings:

19/12/2017 Broker: PiperJaffray Rating: Neutral New Target: $35 Initiates Coverage On
11/12/2017 Broker: Needham Rating: Buy New Target: $42.0 Initiate
06/12/2017 Broker: Oppenheimer Rating: Buy Maintain
30/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $34.0 Maintain
30/11/2017 Broker: Drexel Hamilton Rating: Buy New Target: $45.0 Maintain
27/11/2017 Broker: FBR Capital Rating: Buy New Target: $48.0
20/11/2017 Broker: BWS Financial Rating: Buy New Target: $49 Initiates Coverage On
02/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $39.0 Maintain
30/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $45.0 Maintain
31/08/2017 Broker: B. Riley & Co Rating: Buy New Target: $48.0 Maintain

Since August 1, 2017, it had 0 buys, and 26 insider sales for $3.08 million activity. The insider Silberstein Asaf sold 1,100 shares worth $44,310. 2,000 shares valued at $75,438 were sold by CHUKWU EMEKA on Monday, October 2. 2,250 shares were sold by Ammann Charles B., worth $84,503. On Wednesday, December 13 the insider ANTLE GLEN M sold $172,801. 5,000 shares were sold by HANKIN ROCKELL N, worth $183,228 on Tuesday, September 5. The insider MAHESWARAN MOHAN sold 2,500 shares worth $86,105. $56,350 worth of Semtech Corporation (NASDAQ:SMTC) shares were sold by KIM JAMES JUNGSUP.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $2.28 billion. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications. It has a 50.44 P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.