Benchmark Co. analyst Mark Miller reiterated a Buy rating on MKS Instruments (MKSI) today and set a price target of $120.00. The company’s shares closed last Monday at $109.49, close to its 52-week high of $110.00.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 19.9% and a 68.1% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and Universal Display.
Currently, the analyst consensus on MKS Instruments is a Strong Buy with an average price target of $110.50, representing a 5.6% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $117.00 price target.
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MKS Instruments’ market cap is currently $5.97B and has a P/E ratio of 27.90. The company has a Price to Book ratio of 3.07.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MKSI in relation to earlier this year.
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MKS Instruments, Inc. engages in the provision of instruments, subsystems, and process control solutions to measure, control, power, monitor, and analyze parameters of manufacturing processes. It operates through the Vacuum and Analysis; and Light and Motion segments.
