ASML Holding’s Buy Rating Reaffirmed at TheStreet (ASML)
http://www.americanbankingnews.com/getthestreet reiterated their buy rating on shares of ASML Holding (NASDAQ: ASML) in a research note issued to investors on Wednesday.
“ASML (ASML) has been reiterated by TheStreet Ratings as a buy with a ratings score of B+ . The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.”
,” TheStreet’s analyst wrote.
Shares of ASML Holding traded up 0.66% during mid-day trading on Wednesday, hitting $71.445. ASML Holding has a one year low of $56.8052 and a one year high of $78.30. The stock’s 50-day moving average is currently $71.92. The company has a market cap of $29.090 billion and a P/E ratio of 20.46.
The company also recently declared a annual dividend, which is scheduled for Tuesday, May 14th. Investors of record on Tuesday, April 30th will be given a dividend of $0.71 per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Friday, April 26th.
A number of other firms have also recently commented on ASML. Analysts at Cowen initiated coverage on shares of ASML Holding in a research note to investors on Monday, February 4th. They set an outperform rating on the stock. Separately, analysts at Zacks upgraded shares of ASML Holding from an underperform rating to a neutral rating in a research note to investors on Wednesday, January 30th. They now have a $76.30 price target on the stock. Finally, analysts at Citigroup upgraded shares of ASML Holding from a neutral rating to a buy rating in a research note to investors on Monday, January 28th. They now have a $85.48 price target on the stock, up previously from $68.65.
Twelve investment analysts have rated the stock with a buy rating, five have assigned an overweight rating, fourteen have given a hold rating, two have assigned an underweight rating, and four have issued a sell rating to the company. ASML Holding has a consensus rating of – and an average price target of $68.90.
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