Oppenheimer Remains a Buy on Akoustis Technologies (AKTS)

In a report released today, Rick Schafer from Oppenheimer maintained a Buy rating on Akoustis Technologies (NASDAQ: AKTS), with a price target of $10. The company’s shares closed on Friday at $8.30.

According to, Schafer is a 5-star analyst with an average return of 16.0% and a 68.9% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Maxim Integrated.

Currently, the analyst consensus on Akoustis Technologies is a Moderate Buy with an average price target of $10.

See today’s analyst top recommended stocks >>

The company has a one-year high of $9.50 and a one-year low of $4.86. Currently, Akoustis Technologies has an average volume of 113.8K.

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.

Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment consists of engineering review services and STC-MEMS foundry services.

From Our Partners