In a report released today, from Goldman Sachs maintained a Buy rating on ACM Research, with a price target of $52.30. The company’s shares closed yesterday at $43.78.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACM Research with a $41.66 average price target, which is a -4.84% downside from current levels. In a report released on September 30, Roth MKM also maintained a Buy rating on the stock with a $50.00 price target.
The company has a one-year high of $44.29 and a one-year low of $13.87. Currently, ACM Research has an average volume of 1.66M.
Read More on ACMR:
Disclaimer & DisclosureReport an Issue
- ACM Research price target raised to $50 from $40 at Roth Capital
- ACM Research Reports Significant Backlog Increase
- ACM Shanghai reports total backlog of $1.27B as of September 29
- ACM Research Raises $630M in Private Offering
- Morning Movers: Boeing up as lawmakers talk up deal for China to buy more jets