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ASML Holding NV (NDAQ:ASML) target price raised to $166.00, reported today by B. Riley

Yesterday ASML Holding NV (NDAQ:ASML) traded 1.78% higher at $175.98. The company’s 50-day moving average is $166.09 and its 200-day moving average is $145.54. The last stock close price is up 20.09% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 581,997 shares of the stock were exchanged, down from an average trading volume of 839,658

ASML Holding NV (NDAQ:ASML) had its target price raised to $166.00 by B. Riley in a report released Thursday October 19, 2017. The new target price indicates a possible downside of -0.06% based on the company's last stock close price.

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With a total market value of $0, ASML Holding NV has price-earnings ratio of 33.06 with a one year low of $98.71 and a one year high of $176.87 .

A total of 8 analysts have released a report on ASML Holding NV. Two analysts rating the company a strong buy, two analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $100.39.

More About ASML Holding NV (NDAQ: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 semiconductor equipment systems, consisting of lithography systems. The Company's products include systems, and installed base products and services. The Company's principal operations are in the Netherlands, the United States and Asia. 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 300 millimeter processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems). The Company also offers NXE systems, which are equipped with extreme ultraviolet (EUV) light source technology. The Company offers YieldStar, a wafer metrology system.

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