ASML Holding N.V. (ASML) Receives Price Target

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.