Deutsche Bank Reiterates Hold Rating for AZ Electronic Materials SA (AZEM)
AZ Electronic Materials SA (LON:AZEM)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Friday, AnalystRatings.Net reports. They currently have a GBX 403.50 ($6.62) price target on the stock. Deutsche Bank’s price objective points to a potential upside of 2.67% from the company’s current price.
AZ Electronic Materials SA (LON:AZEM) opened at 393.00 on Friday. AZ Electronic Materials SA has a 52 week low of GBX 235.10 and a 52 week high of GBX 411.60. The stock’s 50-day moving average is GBX 358. and its 200-day moving average is GBX 318.9.
A number of other analysts have also recently weighed in on AZEM. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of AZ Electronic Materials SA in a research note to investors on Wednesday, December 18th. They now have a GBX 404 ($6.63) price target on the stock. Separately, analysts at Liberum Capital downgraded shares of AZ Electronic Materials SA to a “hold” rating in a research note to investors on Friday, December 6th. They now have a GBX 403.50 ($6.62) price target on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 361.64 ($5.93).
AZ Electronic Materials SA (LON:AZEM) is a producer and supplier of specialty chemical materials.
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