Sanmina Corp (NASDAQ:SANM) price target raised to $35.00 by Citigroup

ME Staff
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Analyst Ratings For Sanmina Corp (NASDAQ:SANM)

Today, Citigroup raised its price target on Sanmina Corp (NASDAQ:SANM) to $35.00 per share.

There are 3 Hold Ratings, 3 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Sanmina Corp (NASDAQ:SANM) is Buy with a consensus target price of $35.75 per share, a potential 20.57% upside.

Some recent analyst ratings include

  • 1/23/2018-Craig Hallum Reiterated Rating of Buy.
  • 11/2/2017-Argus was Downgraded by analysts at Argus from a “Buy ” rating to a ” Hold” rating. They now have a N/A price target on the stock.
  • 10/31/2017-Bank of America was Downgraded by analysts at Bank of America from a “Buy ” rating to a ” Neutral” rating. They now have a N/A price target on the stock.
  • 12/6/2016-B. Riley Reiterated Rating of Buy.

Recent Insider Trading Activity For Sanmina Corp (NASDAQ:SANM)
Sanmina Corp (NASDAQ:SANM) has insider ownership of 5.12% and institutional ownership of 94.23%.

  • On 5/24/2018 Wayne Shortridge, Director, sold 10,650 with an average share price of $29.38 per share and the total transaction amounting to $312,897.00.
  • On 2/26/2018 Joseph G Licata Jr, Director, sold 18,444 with an average share price of $27.49 per share and the total transaction amounting to $507,025.56.
  • On 2/15/2018 Wayne Shortridge, Director, sold 5,000 with an average share price of $27.01 per share and the total transaction amounting to $135,050.00.
  • On 2/5/2018 Brent Billinger, SVP, bought 1,500 with an average share price of $26.33 per share and the total transaction amounting to $39,495.00.
  • On 9/5/2017 Robert K Eulau, VP, sold 10,000 with an average share price of $37.21 per share and the total transaction amounting to $372,100.00.
  • On 8/14/2017 Robert K Eulau, VP, sold 10,000 with an average share price of $36.95 per share and the total transaction amounting to $369,500.00.
  • On 7/3/2017 Robert K Eulau, VP, sold 10,000 with an average share price of $38.40 per share and the total transaction amounting to $384,000.00.

About Sanmina Corp (NASDAQ:SANM)
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, radio frequency, optical, and microelectronic solutions; defense and aerospace products; storage solutions; and cloud-based manufacturing execution software. Sanmina Corporation offers its solutions primarily to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy, and automotive industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

Recent Trading Activity for Sanmina Corp (NASDAQ:SANM)
Shares of Sanmina Corp closed the previous trading session at 29,98 +0,93 3,18 % with 30.65 shares trading hands.