ASM International (OTCMKTS:ASMIY) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of ASM International (OTCMKTS:ASMIY) from a neutral rating to an outperform rating in a report published on Monday, MarketBeat Ratings reports.

Other analysts have also recently issued reports about the stock. Exane BNP Paribas raised shares of ASM International to an “outperform” rating in a research note on Monday. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Citigroup restated a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Jefferies Financial Group lowered ASM International from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, January 13th. Finally, Rothschild Redb cut ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy”.

ASM International Price Performance

OTCMKTS ASMIY opened at $789.60 on Monday. The company has a market cap of $38.76 billion, a P/E ratio of 43.70 and a beta of 1.91. ASM International has a 12 month low of $372.61 and a 12 month high of $875.64. The company has a 50-day moving average of $689.00 and a 200-day moving average of $604.58.

ASM International Company Profile

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.