ASM International (OTCMKTS:ASMIY) Upgraded by BNP Paribas Exane to Outperform Rating

BNP Paribas Exane upgraded shares of ASM International (OTCMKTS:ASMIY) from a neutral rating to an outperform rating in a research report sent to investors on Monday, MarketBeat reports.

A number of other research firms have also recently weighed in on ASMIY. Rothschild Redb cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Barclays restated an “overweight” rating on shares of ASM International in a research report on Monday, January 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research note on Friday, January 16th. Citigroup reissued a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Finally, Exane BNP Paribas raised ASM International to an “outperform” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

ASM International Price Performance

Shares of OTCMKTS:ASMIY opened at $835.17 on Monday. The company has a market capitalization of $41.00 billion, a P/E ratio of 46.22 and a beta of 1.91. ASM International has a 1-year low of $372.61 and a 1-year high of $875.64. The firm’s 50 day simple moving average is $678.72 and its two-hundred day simple moving average is $601.72.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.