Benchmark Co. analyst Mark Miller reiterated a Buy rating on II-VI Inc (IIVI) today and set a price target of $55. The company’s shares closed yesterday at $37.96.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 20.7% and a 65.0% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, MKS Instruments, and Nanometrics Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for II-VI Inc with a $45.93 average price target, which is a 21.0% upside from current levels. In a report released today, Piper Jaffray also reiterated a Buy rating on the stock with a $50 price target.
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The company has a one-year high of $50.75 and a one-year low of $29.31. Currently, II-VI Inc has an average volume of 1.16M.
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II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and products for precision in the field of industrial, optical communications, military, semiconductor, medical and life science applications.
