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A report released today by Citigroup Inc. about Advanced Energy Industries, Inc. (NASDAQ:AEIS) ups the target price to $50.00

Advanced Energy Industries, Inc. (NASDAQ:AEIS) had its target price raised to $50.00 by Citigroup Inc. in a report released Wednesday October 12, 2016. The new target price indicates a possible upside of 0.05% based on the company's previous closing price.

Just yesterday Advanced Energy Industries, Inc. (NASDAQ:AEIS) traded -0.59% lower at $47.45. The company’s 50-day moving average is $45.70 and its 200-day moving average is $39.43. The last stock close price is up 19.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 9,519 shares of AEIS traded, down from an avg. volume of 272,392

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Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Advanced Energy Industries, Inc. has price-earnings ratio of 18.08 with a one year low of $24.25 and a one year high of $48.59 and has a total market value of $0.

A total of 5 equity analysts have released a research note on AEIS. 2 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $34.60.

About Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Advanced Energy Industries, Inc. provides precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions, used in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement. It operates through Precision Power segment. Its process power products enable manufacturing processes that use thin films for various products, such as semiconductor devices, flat panel displays, thin film renewables, hard and industrial coatings and architectural glass. It also supplies power control modules for controlling thermal processes, and thermal instrumentation products for temperature measurement, both of which provide solutions for thin film semiconductor, thin film industrial and heavy industry. Its remote plasma sources are used in the thin films processing industries and in gas abatement applications.

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