BNP Paribas Upgrades Aixtron AG to Outperform (AIXG)

By admin | 6 years ago

Aixtron AG (NASDAQ: AIXG) was upgraded by analysts at BNP Paribas (EPA: BNP) from an “underperform” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday.

A number of other firms have also recently commented on AIXG. Analysts at Canaccord Genuity downgraded shares of Aixtron AG from a “hold” rating to a “sell” rating in a research note to investors on Monday, March 26th. Separately, analysts at B. Riley initiated coverage on shares of Aixtron AG in a research note to investors on Friday, March 23rd. They set a “buy” rating on the stock. Finally, analysts at HSBC (NYSE: HBC) downgraded shares of Aixtron AG from a “neutral” rating to an “underweight” rating in a research note to investors on Monday, March 19th.

Aixtron AG traded down 1.34% on Wednesday, hitting $14.69. Aixtron AG has a 1-year low of $11.18 and a 1-year high of $40.30. The company has a market cap of $1.481 billion and a price-to-earnings ratio of 81.81.

Aixtron AG last released its earnings data on Thursday, April 26th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.08. The company’s revenue for the quarter was down 79.6% on a year-over-year basis. Analysts expect that Aixtron AG will post $0.02 EPS next quarter.

AIXTRON SE (AIXTRON), formerly AIXTRON AG, is a provider of deposition equipment equipment to the semiconductor and compound-semiconductor industry.

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