AZ Electronic Materials SA Receives Hold Rating from Canaccord Genuity (AZEM)
AZ Electronic Materials SA (LON:AZEM)‘s stock had its “hold” rating reiterated by research analysts at Canaccord Genuity in a report released on Tuesday, American Banking News reports. They currently have a GBX 404 ($6.77) target price on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 2.02% from the stock’s previous close.
AZ Electronic Materials SA (LON:AZEM) traded up 0.51% on Tuesday, hitting GBX 396.00. The stock had a trading volume of 168,180 shares. AZ Electronic Materials SA has a 52-week low of GBX 235.10 and a 52-week high of GBX 411.60. The stock has a 50-day moving average of GBX 393.9 and a 200-day moving average of GBX 331.6.
A number of other analysts have also recently weighed in on AZEM. Analysts at Credit Suisse reiterated a “neutral” rating on shares of AZ Electronic Materials SA in a research note on Tuesday. They now have a GBX 403.50 ($6.76) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of AZ Electronic Materials SA in a research note on Friday, January 10th. They now have a GBX 403.50 ($6.76) price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 369.75 ($6.20).
AZ Electronic Materials SA (LON:AZEM) is a producer and supplier of specialty chemical materials.
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