Ingram Micro Holding Corp. (NYSE:INGM) Given Consensus Rating of “Hold” by Brokerages

Shares of Ingram Micro Holding Corp. (NYSE:INGM) have received a consensus rating of “Hold” from the one research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation.

A number of equities analysts have recently commented on INGM shares. The Goldman Sachs Group began coverage on shares of Ingram Micro in a research report on Monday. They issued a “buy” rating and a $33.00 price objective for the company. Loop Capital initiated coverage on shares of Ingram Micro in a report on Monday. They issued a “buy” rating and a $30.00 price objective for the company. Stifel Nicolaus initiated coverage on shares of Ingram Micro in a report on Monday. They issued a “buy” rating and a $28.00 price objective for the company. Raymond James initiated coverage on shares of Ingram Micro in a report on Monday. They issued an “outperform” rating and a $28.00 price objective for the company. Finally, Morgan Stanley started coverage on shares of Ingram Micro in a report on Monday. They issued an “equal weight” rating and a $24.00 price objective for the company.

Ingram Micro Price Performance

NYSE INGM opened at $23.08 on Monday. Ingram Micro has a 52-week low of $22.25 and a 52-week high of $25.69.

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

Ingram Micro Company Profile

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.