Ingram Micro Holding Corp. (NYSE:INGM) Given Average Recommendation of “Hold” by Analysts

Ingram Micro Holding Corp. (NYSE:INGM) has been given a consensus rating of “Hold” by the one ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating.

A number of equities research analysts have weighed in on the stock. Royal Bank of Canada started coverage on shares of Ingram Micro in a report on Monday. They set an “outperform” rating and a $26.00 target price on the stock. Deutsche Bank Aktiengesellschaft began coverage on Ingram Micro in a report on Monday. They set a “buy” rating and a $26.00 target price on the stock. Redburn Atlantic initiated coverage on shares of Ingram Micro in a research report on Monday. They issued a “buy” rating and a $30.00 price target on the stock. Loop Capital began coverage on Ingram Micro in a research report on Monday. They set a “buy” rating and a $30.00 target price on the stock. Finally, Jefferies Financial Group started coverage on Ingram Micro in a report on Monday. They issued a “buy” rating and a $28.00 target price for the company.

Ingram Micro Stock Performance

Shares of INGM stock opened at $23.08 on Monday. Ingram Micro has a twelve month low of $22.25 and a twelve month high of $25.69.

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

About Ingram Micro

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.