Ichor Holdings Ltd Receives a Buy from Stifel Nicolaus


Stifel Nicolaus analyst Patrick Ho maintained a Buy rating on Ichor Holdings Ltd (NASDAQ: ICHR) today and set a price target of $48. The company’s shares opened today at $22.85.

According to TipRanks.com, Ho is a 5-star analyst with an average return of 16.5% and a 69.2% success rate. Ho covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Rudolph Technologies, and Electro Scientific.

Ichor Holdings Ltd has an analyst consensus of Strong Buy, with a price target consensus of $42.67.

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Based on Ichor Holdings Ltd’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $16.72 million. In comparison, last year the company had a net profit of $12.84 million.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is neutral on the stock.

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Ichor Holdings Ltd. engages in the design, engineering, and manufacturing of fluid delivery subsystems for semiconductor capital equipment. It offers gas and chemical delivery systems and manufactures components for internal use in fluid delivery systems and for direct sales of the customers.

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