In a report released today, Craig McDowell from J.P. Morgan upgraded AIXTRON to a Hold, with a price target of €13.40. The company’s shares closed yesterday at €14.93.
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According to TipRanks, McDowell is ranked #8304 out of 10027 analysts.
AIXTRON has an analyst consensus of Moderate Buy, with a price target consensus of €16.44, a 10.12% upside from current levels. In a report released on October 3, UBS also maintained a Hold rating on the stock with a €14.60 price target.
Based on AIXTRON’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €137.42 million and a net profit of €19.22 million. In comparison, last year the company earned a revenue of €131.78 million and had a net profit of €11.13 million
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