BE Semiconductor Industries NV (OTCMKTS:BESIY) Given Average Recommendation of “Hold” by Brokerages

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY) have been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

BESIY has been the topic of several recent analyst reports. Berenberg Bank raised shares of BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of BE Semiconductor Industries in a research note on Sunday, January 4th. Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Citigroup reissued a “neutral” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 20th. Finally, Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 13th.

BE Semiconductor Industries Price Performance

Shares of BESIY opened at $270.00 on Wednesday. The stock has a market cap of $19.58 billion, a P/E ratio of 144.39 and a beta of 1.78. BE Semiconductor Industries has a 1 year low of $103.71 and a 1 year high of $271.88. The stock’s 50-day moving average price is $220.35 and its two-hundred day moving average price is $186.68. The company has a current ratio of 5.55, a quick ratio of 4.88 and a debt-to-equity ratio of 1.22.

About BE Semiconductor Industries

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.