Accueil > Actualité
Actualite financiere : Actualite bourse

ASML: Barclays raises target price on shares

( - Barclays has raised its target price for the ASML stock from 200 euros to 210 euros, after increasing its earnings estimates, which remain significantly ahead of the consensus.

Although ASML shares have rebounded by over 30% year-to-date, Barclays still sees further upside potential, as investors refocus on the Dutch company's outlook.

After two quarters dominated by the cycle, investors are refocusing on ASML's long-term structural growth, which is benefiting from EUV migrations, the broker said, maintaining an "overweight" rating on the share.

As the semiconductor equipment manufacturer follows its plan over the coming quarters - both in terms of sales growth and margin expansion - Barclays expects the shares to continue to rise.

ASML shares, which fell slightly yesterday (-0.1%), were trading up 1.3% at 182.4 euros on Thursday. They have risen 33% year-to-date.

Copyright (c) 2019 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.