FEI Company (FEIC) Receives Price Target

FEI Company (FEIC) stock is expected to deviate a maximum of $12.62 from the average target price of $93.5 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $108 and the most muted being $83.

FEI Company (FEIC) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.


Also, Brokerage firm Stifel Nicolaus downgrades its rating on FEI Company (NASDAQ:FEIC). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on May 31, 2016.

FEI Company (NASDAQ:FEIC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $106.48 and $106.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $106.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $106.56, notching a gain of 0.08% for the day. The total traded volume was 351,235 . The stock had closed at $106.47 on the previous day.

FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates in two segments: Industry Group and Science Group. The Industry Group consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the natural resources industries, including mining and oil and gas. The Science Group includes universities, public and private research laboratories and customers in a range of industries, including metals, automobiles, aerospace and forensics. The tools are used in a laboratory. Its products include transmission electron microscopes; scanning electron microscopes (SEM); DualBeamTM systems which combine a SEM and a focused ion beam system (FIB) on a single platform; stand-alone FIBs; optical microscopes, three-dimensional modelling software and service and components.

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