Northland Securities Keeps Their Hold Rating on Axcelis Technologies (ACLS)


Northland Securities analyst Gus Richard maintained a Hold rating on Axcelis Technologies (ACLS) yesterday and set a price target of $15. The company’s shares closed yesterday at $14.89, close to its 52-week low of $13.99.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 21.1% and a 63.1% success rate. Richard covers the Consumer Goods sector, focusing on stocks such as Adesto Technologies Corp, SolarEdge Technologies, and Akoustis Technologies.

Axcelis Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $21.33.

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Axcelis Technologies’ market cap is currently $490.5M and has a P/E ratio of 13.33. The company has a Price to Book ratio of 1.17.

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Axcelis Technologies, Inc. engages in the design, manufacture and service of dry strip, ion implantation and other processing equipment used in the fabrication of semiconductor chips. It provides service and support, including spare parts, equipment upgrades, maintenance services and customer training.

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