Benchmark Co. analyst Mark Miller maintained a Buy rating on Nanometrics Inc (NANO) today and set a price target of $39. The company’s shares closed yesterday at $34.31.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 19.9% and a 65.2% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and Amtech Systems Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nanometrics Inc with a $38.36 average price target, representing an 11.8% upside. In a report issued on June 18, B.Riley FBR also initiated coverage with a Buy rating on the stock with a $41 price target.
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The company has a one-year high of $48.26 and a one-year low of $25.52. Currently, Nanometrics Inc has an average volume of 209.1K.
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Nanometrics, Inc. engages in the production of process control metrology and inspection systems used in the fabrication of semiconductors and other solid-state devices. The firm operates through the following geographical segments: South Korea; China; Singapore; United States; Taiwan; Japan; and Others.
