William Blair Begins Coverage on Ingram Micro (NYSE:INGM)

William Blair initiated coverage on shares of Ingram Micro (NYSE:INGM) in a report released on Monday, MarketBeat.com reports. The firm issued an outperform rating on the stock.

Other analysts have also issued research reports about the stock. BNP Paribas started coverage on shares of Ingram Micro in a research report on Monday. They set a “neutral” rating and a $25.00 price target on the stock. Northcoast Research began coverage on Ingram Micro in a research report on Friday, November 8th. They issued a “neutral” rating on the stock. Raymond James started coverage on Ingram Micro in a report on Monday. They set an “outperform” rating and a $28.00 price target for the company. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ingram Micro in a report on Monday. They issued a “buy” rating and a $26.00 price objective on the stock. Finally, Bank of America initiated coverage on shares of Ingram Micro in a research note on Monday. They set a “buy” rating and a $30.00 target price for the company. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Ingram Micro currently has an average rating of “Moderate Buy” and an average target price of $27.92.

Ingram Micro Stock Down 0.2 %

Shares of Ingram Micro stock opened at $22.70 on Monday. Ingram Micro has a one year low of $22.01 and a one year high of $25.69.

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