Zacks: Tokyo Electron (TOELY) Receives Consensus Rating of “Hold” from Brokerages
Tokyo Electron (NASDAQ:TOELY) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also assigned Tokyo Electron an industry rank of 3 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Tokyo Electron from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 2nd.
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Shares of Tokyo Electron (TOELY) opened at 33.41 on Monday. The firm has a 50-day moving average price of $34.97 and a 200-day moving average price of $30.86. Tokyo Electron has a 52 week low of $20.83 and a 52 week high of $38.40. The stock has a market cap of $21.93 billion and a price-to-earnings ratio of 16.89.
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