ASML (NASDAQ:ASML) Receives “Buy” Rating from JPMorgan Chase & Co.

ASML (NASDAQ:ASMLGet Free Report)‘s stock had its “buy” rating reaffirmed by JPMorgan Chase & Co. in a research report issued to clients and investors on Monday,MarketScreener reports.

Several other equities research analysts have also issued reports on ASML. KGI Securities set a $1,415.00 target price on shares of ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Thursday, January 29th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,475.00.

View Our Latest Analysis on ASML

ASML Trading Down 3.1%

ASML stock traded down $44.93 during midday trading on Monday, reaching $1,396.46. 516,488 shares of the company traded hands, compared to its average volume of 2,256,133. The firm has a market capitalization of $549.20 billion, a price-to-earnings ratio of 54.08, a P/E/G ratio of 1.68 and a beta of 1.86. ASML has a 52-week low of $578.51 and a 52-week high of $1,493.47. The business has a 50 day moving average of $1,187.75 and a 200-day moving average of $991.28. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Manning & Napier Advisors LLC purchased a new position in shares of ASML during the 3rd quarter valued at approximately $25,000. Princeton Global Asset Management LLC lifted its holdings in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. City Holding Co. acquired a new stake in ASML in the 3rd quarter worth about $26,000. Binnacle Investments Inc boosted its stake in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the last quarter. Finally, North Star Investment Management Corp. boosted its stake in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML News Summary

Here are the key news stories impacting ASML this week:

About ASML

(Get Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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