ASM International (OTCMKTS:ASMIY) PT Raised to €378.00 at Credit Suisse Group

ASM International (OTCMKTS:ASMIYGet Rating) had its price objective lifted by stock analysts at Credit Suisse Group from €375.00 ($407.61) to €378.00 ($410.87) in a research report issued on Thursday, The Fly reports. The firm currently has an “outperform” rating on the stock.

Other equities analysts have also recently issued reports about the company. Barclays assumed coverage on ASM International in a research note on Tuesday. They set an “underweight” rating on the stock. Morgan Stanley assumed coverage on ASM International in a research note on Tuesday, November 8th. They issued an “underweight” rating on the stock. Deutsche Bank Aktiengesellschaft cut their target price on ASM International from €325.00 ($353.26) to €300.00 ($326.09) in a research note on Friday, October 28th. The Goldman Sachs Group assumed coverage on ASM International in a research note on Tuesday, October 4th. They issued a “buy” rating on the stock. Finally, Berenberg Bank cut their target price on ASM International from €340.00 ($369.57) to €320.00 ($347.83) and set a “buy” rating on the stock in a research note on Friday, October 14th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $360.17.

ASM International Trading Up 1.9 %

ASM International stock opened at $330.12 on Thursday. The stock has a 50 day moving average of $277.24 and a 200-day moving average of $265.95. ASM International has a 52 week low of $201.38 and a 52 week high of $381.00. The stock has a market cap of $16.07 billion, a P/E ratio of 52.07 and a beta of 1.65.

ASM International (OTCMKTS:ASMIYGet Rating) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $3.62 earnings per share (EPS) for the quarter. ASM International had a return on equity of 24.62% and a net margin of 14.04%. The firm had revenue of $614.58 million for the quarter. As a group, equities analysts predict that ASM International will post 14.57 earnings per share for the current fiscal year.

ASM International Company Profile

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ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials that are used to produce semiconductor devices in the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, and batch diffusion/furnace systems, as well as provides spare parts and support services.

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