BE Semiconductor (0XVE) Receives a Buy from Deutsche Bank
In a report released today, Robert Sanders MBA from Deutsche Bank maintained a Buy rating on BE Semiconductor, with a price target of €160.00. The company’s shares closed yesterday at €142.02.
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Sanders MBA covers the Technology sector, focusing on stocks such as ASML Holding NV, BE Semiconductor, and Nokia. According to TipRanks, Sanders MBA has an average return of 14.6% and a 59.09% success rate on recommended stocks.
BE Semiconductor has an analyst consensus of Moderate Buy, with a price target consensus of €144.78, representing a 1.95% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a €160.00 price target.
Based on BE Semiconductor’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €148.1 million and a net profit of €32.05 million. In comparison, last year the company earned a revenue of €151.18 million and had a net profit of €41.95 million
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- BE Semiconductor price target raised to EUR 160 from EUR 144 at UBS
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