Shares of SanDisk Corp opened today at $68.96 and are currently trading down at $68.445. SNDK has a 1-year high of $108.77 and a 1-year low of $63. The stock’s 50-day moving average is $67.74 and its 200-day moving average is $81.44.
On the ratings front, SanDisk has been the subject of a number of recent research reports. In a report issued on May 22, Cowen analyst Timothy Arcuri maintained a Hold rating on SNDK, with a price target of $70, which represents a slight upside potential from current levels. Separately, on the same day, Mizuho’s Vijay Rakesh assigned a Hold rating to the stock and has a price target of $74.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Timothy Arcuri and Vijay Rakesh have a total average return of 17.3% and 36.2% respectively. Arcuri has a success rate of 66.0% and is ranked #169 out of 3610 analysts, while Rakesh has a success rate of 73.1% and is ranked #18.
In total, 2 research analysts have rated the stock with a Sell rating, 9 research analysts have assigned a Hold rating and 8 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $69.92 which is 1.4% above where the stock opened today.
SanDisk Corp designs, develops and manufactures data storage solutions using flash memory, proprietary controller and firmware technologies.