NASDAQ:MCHP - Microchip Technology Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $89.65 -1.04 (-1.15 %) (As of 02/20/2019 04:00 PM ET)Previous Close$90.69Today's Range$89.50 - $91.4852-Week Range$60.70 - $104.20Volume3.15 million shsAverage Volume3.37 million shsMarket Capitalization$21.24 billionP/E Ratio17.27Dividend Yield1.61%Beta1.21 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Microchip Technology (NASDAQ:MCHP) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.19 Wall Street analysts have issued ratings and price targets for Microchip Technology in the last 12 months. Their average twelve-month price target is $105.00, suggesting that the stock has a possible upside of 17.12%. The high price target for MCHP is $130.00 and the low price target for MCHP is $75.00. There are currently 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus rating of "Buy."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: BuyBuyBuyBuyConsensus Rating Score: 2.682.672.672.88Ratings Breakdown: 0 Sell Rating(s)6 Hold Rating(s)13 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)6 Hold Rating(s)12 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)6 Hold Rating(s)12 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)3 Hold Rating(s)12 Buy Rating(s)1 Strong Buy Rating(s)Consensus Price Target: $105.00$105.5556$105.5556$115.8750Price Target Upside: 17.12% upside46.32% upside51.53% upside32.56% upsideMicrochip Technology (NASDAQ:MCHP) Consensus Price Target History Microchip Technology (NASDAQ:MCHP) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails2/11/2019Rosenblatt SecuritiesReiterated RatingBuy$115.00Low2/7/2019CitigroupReiterated RatingBuy$105.00Low2/6/2019Needham & Company LLCBoost Price TargetBuy$90.00 ➝ $100.00High12/19/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$72.00 ➝ $75.00High11/12/2018BMO Capital MarketsInitiated CoverageOutperform$92.00Medium11/8/2018Jefferies Financial GroupLower Price TargetBuy ➝ Buy$115.00 ➝ $102.00Medium11/8/2018NomuraSet Price TargetBuy$95.00Low11/8/2018B. RileyLower Price TargetBuy ➝ Buy$105.00 ➝ $100.00Low11/8/2018Bank of AmericaLower Price TargetNeutral$86.00 ➝ $80.00Low11/8/2018Piper Jaffray CompaniesSet Price TargetBuy$130.00High9/25/2018Raymond JamesDowngradeOutperform ➝ Market Perform$105.00High9/25/2018KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh9/19/2018CfraReiterated RatingBuy$110.00Low8/10/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$125.00 ➝ $113.00High6/25/2018ArgusBoost Price TargetBuy ➝ Average$115.00High5/30/2018SunTrust BanksBoost Price TargetBuy ➝ Buy$115.00 ➝ $117.00Medium3/8/2018Goldman Sachs GroupUpgradeNeutral ➝ Buy$95.57 ➝ $108.00Medium3/6/2018Stifel NicolausReiterated RatingBuy ➝ Average$112.00Medium3/5/2018MizuhoUpgradeNeutral ➝ Buy$92.00 ➝ $110.00High11/7/2017Credit Suisse GroupReiterated RatingOutperform$95.00 ➝ $110.00N/A4/4/2017Summit RedstoneUpgradeHold ➝ Buy$65.00 ➝ $82.00Low2/22/2017UBS GroupInitiated CoverageBuyN/A(Data available from 2/20/2017 forward) This page was last updated on 2/20/2019 by MarketBeat.com StaffFeatured Article: What is the Current Ratio?