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ASML (NASDAQ:ASML) has been upgraded from Neutral to Outperform in a statement by Exane BNP Paribas earlier today.

Only yesterday ASML (NASDAQ:ASML) traded 1.44% higher at $173.61. ASML’s 50-day moving average is $163.69 and its 200-day average is $144.25. With the last close up 22.09% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 397,831 shares of the stock were exchanged, down from an average trading volume of 815,771

Exane BNP Paribas has upgraded ASML (NASDAQ:ASML) from Neutral to Outperform in a report released on Friday October 13, 2017.

Performance Chart

ASML (NASDAQ:ASML)

ASML has 52 week low of $98.71 and a 52 week high of $176.68 with a PE ratio of 33.31 and has a market capitalization of $0.

In addition to Exane BNP Paribas reporting its target price, a total of 8 equity analysts have released a research note on ASML. The one year stock price target is $100.39 with 2 brokerages rating the stock a strong buy, two analysts rating the company a buy, four brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.

About ASML (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 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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