Deutsche Bank Aktiengesellschaft Boosts BE Semiconductor Industries (OTCMKTS:BESIY) Price Target to €66.00

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating) had its target price boosted by Deutsche Bank Aktiengesellschaft from €60.00 ($64.52) to €66.00 ($70.97) in a research note issued to investors on Tuesday, The Fly reports. The firm currently has a buy rating on the technology company’s stock.

Separately, Morgan Stanley began coverage on shares of BE Semiconductor Industries in a report on Tuesday, November 8th. They set an overweight rating on the stock.

BE Semiconductor Industries Trading Up 0.5 %

Shares of OTCMKTS:BESIY opened at $70.97 on Tuesday. BE Semiconductor Industries has a twelve month low of $38.10 and a twelve month high of $96.09. The firm has a market cap of $5.15 billion, a P/E ratio of 20.39 and a beta of 1.56. The company has a 50 day moving average of $61.92 and a 200-day moving average of $53.22. The company has a current ratio of 5.58, a quick ratio of 4.98 and a debt-to-equity ratio of 0.50.

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating) last issued its quarterly earnings results on Thursday, October 20th. The technology company reported $0.70 EPS for the quarter. The business had revenue of $170.12 million during the quarter. BE Semiconductor Industries had a net margin of 35.41% and a return on equity of 41.35%.

About BE Semiconductor Industries

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BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries worldwide. The company's principal products include die attach equipment, such as single chip, multi chip, multi module, flip chip, thermal compression bonding, fan out wafer level packaging, hybrid and embedded bridge die bonding, and die sorting systems; and packaging equipment, including conventional, ultra thin, and wafer level molding, as well as trim and form, and singulation systems.

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