In a report released today, Nigel van Putten from Morgan Stanley maintained a Hold rating on AIXTRON, with a price target of €15.00. The company’s shares closed yesterday at €13.17.
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According to TipRanks, van Putten is a 4-star analyst with an average return of 14.0% and a 65.79% success rate. van Putten covers the Technology sector, focusing on stocks such as ASM International NV, AIXTRON, and BE Semiconductor.
In addition to Morgan Stanley, AIXTRON also received a Hold from Jefferies’s Janardan Menon in a report issued on October 13. However, on the same day, Citi maintained a Buy rating on AIXTRON (LSE: 0NP9).
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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