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ASML Holding NV (ADR) (NASDAQ:ASML) target bumped up to $122.00, issued a ratings update earlier today by Zacks Investment Research

Yesterday ASML Holding NV (ADR) (NASDAQ:ASML) traded 0.03% higher at $108.96. The company’s 50-day moving average is $106.55 and its 200-day moving average is $101.45. The last stock close price is up 7.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 324,284 shares of the stock were exchanged, down from an average trading volume of 763,889

Reporting a possible upside of 0.12%, Zacks Investment Research upped the price target of ASML Holding NV (ADR) (NASDAQ:ASML) to $122.00

Previously on 8/17/2016, Bank of America Corp. reported about ASML Holding NV (ADR) (NASDAQ:ASML) lowered the target price from $112.00 to $99.00. At the time, this indicated a possible downside of -0.08%.

See Chart Below

ASML Holding NV (ADR) (NASDAQ:ASML)

ASML Holding NV (ADR) has a price-earnings ratio of 31.34 with a one year low of $77.17 and a one year high of $111.58 ASML’s total market value is presently $0.

A total of 8 brokerages have issued a research note on the company. 2 brokers rating the stock a strong buy, 2 equity analysts rating the company a buy, 4 brokerages rating the stock a hold, zero analysts rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $100.39.

About ASML Holding NV (ADR) (NASDAQ:ASML)

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company's products include systems and system related products. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for approximately 300 millimeters processing wafers for manufacturing environments for which imaging at a small resolution is required. The Company develops and sells a range of product options and enhancements to its systems. It complements its scanner products with a holistic lithography portfolio of software and metrology products. The Company also offers YieldStar, a wafer metrology system. Its principal operations are in the Netherlands, the United States and Asia.

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