Ingram Micro (NYSE:INGM) Now Covered by William Blair

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

INGM has been the topic of several other research reports. Loop Capital initiated coverage on Ingram Micro in a research report on Monday. They issued a “buy” rating and a $30.00 price objective on the stock. Raymond James started coverage on shares of Ingram Micro in a research note on Monday. They issued an “outperform” rating and a $28.00 target price for the company. BNP Paribas assumed 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. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ingram Micro in a research report on Monday. They issued a “buy” rating and a $26.00 price objective for the company. Finally, Royal Bank of Canada assumed coverage on Ingram Micro in a research note on Monday. They issued an “outperform” rating and a $26.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.92.

Ingram Micro Trading Down 0.2 %

Shares of Ingram Micro stock opened at $22.70 on Monday. Ingram Micro has a 1 year low of $22.01 and a 1 year high of $25.69.

Ingram Micro (NYSE:INGM) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.72 earnings per share for the quarter. The company 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.