ASML Holding N.V. (ASML) : The highest level ASML Holding N.V. (ASML) is projected to reach is $113 for the short term and the lowest estimate is at $100. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $107.98 and the possibility the share price can swing is $4.72.
ASML Holding N.V. (ASML) : 12 analysts are covering ASML Holding N.V. (ASML) and their average rating on the stock is 2.33, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Bank of America downgrades their rating on the shares of ASML Holding N.V. (NASDAQ:ASML). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on August 17, 2016.
ASML Holding N.V. (NASDAQ:ASML): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $106.32 and $106.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $107.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.49, notching a gain of 0.88% for the day. The total traded volume was 455,405 . The stock had closed at $106.55 on the previous day.
ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems, notably: TWINSCAN NXE, a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT, a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT, a step-and-scan water-based immersion lithography platform; YieldStar, a metrology tool; PAS 5500, a step-and-scan platform; and Brion, a computational lithography verification platform. In addition, the Company provides customer support. The Companys activities are organized into three main business lines: Deep Ultraviolet (DUV) scanners, Extreme Ultraviolet (EUV) scanners, and Applications; which are supported by business functions, such as research and development (R&D), sales, operations and sourcing. The Company operates 70 offices in 16 countries and operates ASML Netherlands BV, ASML Systems BV, ASML Hong Kong Ltd., ASML US Inc. as wholly owned subsidiaries.