Tokyo Electron (TOELY) Receives Consensus Rating of “Hold” from Brokerages
Tokyo Electron (NASDAQ:TOELY) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also assigned Tokyo Electron an industry rank of 108 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of Tokyo Electron from a “hold” rating to a “strong-buy” rating and set a $39.00 price target for the company in a research report on Wednesday, August 9th.
Tokyo Electron (TOELY) traded up 0.702% during mid-day trading on Tuesday, reaching $38.176. 11,029 shares of the company traded hands. The stock’s 50-day moving average price is $34.94 and its 200-day moving average price is $32.83. Tokyo Electron has a one year low of $20.83 and a one year high of $38.94. The firm has a market cap of $25.23 billion and a PE ratio of 18.920.
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