ASML (NASDAQ:ASML) Receives Buy Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of ASML (NASDAQ:ASMLFree Report) in a report released on Friday,MarketScreener reports.

ASML has been the topic of a number of other reports. Bank of America raised their price target on ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Hsbc Global Res raised ASML to a “strong-buy” rating in a report on Monday, October 6th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Finally, Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,407.00.

View Our Latest Stock Report on ASML

ASML Stock Down 0.4%

NASDAQ ASML opened at $1,389.04 on Friday. ASML has a 52 week low of $578.51 and a 52 week high of $1,398.80. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $546.28 billion, a P/E ratio of 56.53, a price-to-earnings-growth ratio of 1.90 and a beta of 1.86. The stock’s 50-day moving average price is $1,135.52 and its 200-day moving average price is $961.65.

Institutional Trading of ASML

A number of institutional investors have recently bought and sold shares of ASML. Daymark Wealth Partners LLC boosted its stake in ASML by 25.3% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of ASML by 6.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock worth $15,153,000 after buying an additional 1,225 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in ASML by 30.1% during the third quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock worth $13,475,000 after acquiring an additional 3,217 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in ASML by 3.8% during the 3rd quarter. ST Germain D J Co. Inc. now owns 31,851 shares of the semiconductor company’s stock valued at $30,835,000 after acquiring an additional 1,171 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in ASML by 17.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 53,432 shares of the semiconductor company’s stock valued at $51,727,000 after acquiring an additional 8,118 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Get Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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