ASM International NV (OTCMKTS:ASMIY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of ASM International NV (OTCMKTS:ASMIY) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have commented on the stock. Rothschild & Co Redburn cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Jefferies Financial Group downgraded shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. BNP Paribas Exane upgraded shares of ASM International to an “outperform” rating in a report on Monday, February 2nd. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a report on Friday, January 16th. Finally, Citigroup reissued a “buy” rating on shares of ASM International in a research report on Tuesday, January 20th.

ASM International Price Performance

OTCMKTS:ASMIY opened at $846.83 on Monday. The company’s 50-day moving average is $768.01 and its two-hundred day moving average is $643.87. ASM International has a 1-year low of $372.61 and a 1-year high of $877.36. The firm has a market capitalization of $41.57 billion, a price-to-earnings ratio of 46.86 and a beta of 1.91.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.