In a report released yesterday, Quinn Bolton from Needham reiterated a Buy rating on Nova Measuring (NVMI), with a price target of $33. The company’s shares closed yesterday at $27.39.
According to TipRanks.com, Bolton is a top 100 analyst with an average return of 16.8% and a 66.5% success rate. Bolton covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Quantenna Communications, and Applied Materials Inc.
Currently, the analyst consensus on Nova Measuring is a Strong Buy with an average price target of $33.67, a 22.9% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $33 price target.
See today’s analyst top recommended stocks >>
Nova Measuring’s market cap is currently $764.7M and has a P/E ratio of 14.10. The company has a Price to Book ratio of 2.72.
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.
Nova Measuring Instruments Ltd. providing metrology solutions for the semiconductor manufacturing industry. It offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment.
