Benchmark Co. Thinks Amtech Systems’ Stock is Going to Recover


In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Amtech Systems (NASDAQ: ASYS), with a price target of $11. The company’s shares closed yesterday at $7.40, close to its 52-week low of $6.76.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 28.4% and a 75.7% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Ipg Photonics Corp, and Nanometrics Inc.

Amtech Systems has an analyst consensus of Moderate Buy, with a price target consensus of $11.

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Amtech Systems’ market cap is currently $110.1M and has a P/E ratio of 6.92. The company has a Price to Book ratio of 1.11.

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Amtech Systems, Inc. engages in manufacturing of capital equipment. It specializes in thermal processing and silicon wafer handling automation, and related consumables used in fabricating solar cells, light-emitting diodes, and semiconductor devices. It operates through the following business segments: Solar, Semiconductor, and Polishing.

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