NVIDIA Co. (NVDA) PT Raised to $130.00 at Royal Bank Of Canada

NVIDIA Co. (NDAQ:NVDA) had its price target raised by stock analysts at Royal Bank Of Canada from $124.00 to $130.00 in a note issued to investors on Friday. The firm presently has an “outperform” rating on the stock.

NVIDIA (NDAQ:NVDA) opened at 108.38 on Friday. The firm’s 50-day moving average is $108.88 and its 200-day moving average is $81.73. NVIDIA has a 52-week low of $24.75 and a 52-week high of $120.92. The company has a market capitalization of $59.93 billion and a PE ratio of 42.17.

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NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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