ASML Holding Given New $107.90 Price Target at Sanford C. Bernstein (ASML)
Research analysts at Sanford C. Bernstein lifted their price objective on shares of ASML Holding (NASDAQ:ASML) from $91.00 to $107.90 in a report released on Monday, Analyst Ratings.Net reports. The firm currently has an “outperform” rating on the stock. Sanford C. Bernstein’s price target indicates a potential upside of 9.25% from the company’s current price.
A number of other firms have also recently commented on ASML. Analysts at Goldman Sachs Group Inc. initiated coverage on shares of ASML Holding (NASDAQ:ASML) in a research note to investors on Thursday, September 12th. They set a “conviction-buy” rating on the stock. Separately, analysts at Northland Securities initiated coverage on shares of ASML Holding (NASDAQ:ASML) in a research note to investors on Wednesday, August 28th. They set an “outperform” rating on the stock. Finally, analysts at Northland Capital Partners initiated coverage on shares of ASML Holding (NASDAQ:ASML) in a research note to investors on Wednesday, August 28th. They set an “outperform” rating and a $110.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. ASML Holding has a consensus rating of “Buy” and a consensus price target of $84.63.
ASML Holding (NASDAQ:ASML) traded up 0.31% on Monday, hitting $98.76. The stock had a trading volume of 673,654 shares. ASML Holding has a 1-year low of $48.73 and a 1-year high of $98.48. The stock’s 50-day moving average is $91.92 and its 200-day moving average is $81.50. The company has a market cap of $43.777 billion and a P/E ratio of 36.25.
ASML Holding (NASDAQ:ASML) last released its earnings data on Wednesday, July 17th. The company reported $0.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.02. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the company posted $0.71 earnings per share. ASML Holding’s revenue was down 3.3% compared to the same quarter last year. On average, analysts predict that ASML Holding will post $3.02 earnings per share for the current fiscal year.
ASML Holding N.V. (NASDAQ:ASML) is a holding company, which operates through its subsidiaries.
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