Needham Keeps Their Buy Rating on Ichor Holdings Ltd (ICHR)


Needham analyst Quinn Bolton maintained a Buy rating on Ichor Holdings Ltd (ICHR) on May 8 and set a price target of $27. The company’s shares closed on Friday at $23.56.

According to TipRanks.com, Bolton is a top 100 analyst with an average return of 17.0% and a 67.2% success rate. Bolton covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Quantenna Communications, and Applied Materials Inc.

Ichor Holdings Ltd has an analyst consensus of Strong Buy, with a price target consensus of $29.20, implying a 23.9% upside from current levels. In a report issued on May 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $33 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $27.32 and a one-year low of $14.23. Currently, Ichor Holdings Ltd has an average volume of 327.6K.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ichor Holdings Ltd. engages in designing, engineering, and manufacturing fluid delivery subsystems for semiconductor capital equipment. It offers gas and chemical delivery systems, which are key elements of the process tools used in the manufacturing of semiconductor devices.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts