In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Intevac (IVAC), with a price target of $7. The company’s shares closed yesterday at $5.30.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 20.6% and a 65.7% 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 Intevac with a $7 average price target.
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The company has a one-year high of $7.55 and a one-year low of $4.21. Currently, Intevac has an average volume of 63.81K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IVAC in relation to earlier this year.
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Intevac, Inc. engages in the design, manufacture, and marketing of thin-film processing systems; and digital sensors, cameras, and systems. It operates its business through the Thin-film Equipment and Photonics segments.
