Analyst Rating Update on ASML Holding N.V. (ASML)

ASML Holding N.V. (NASDAQ:ASML) : 11 analysts are covering ASML Holding N.V. (NASDAQ:ASML) and their average rating on the stock is 2.27, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

ASML Holding N.V. (NASDAQ:ASML) : The highest level ASML Holding N.V. (NASDAQ:ASML) is projected to reach is $124 for the short term and the lowest estimate is at $89. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $102.6 and the possibility the share price can swing is $13.35.

For the current week, the company shares have a recommendation consensus of Buy.

ASML Holding N.V. (NASDAQ:ASML): stock turned positive on Tuesday. Though the stock opened at $93.6, the bulls momentum made the stock top out at $94.57 level for the day. The stock recorded a low of $93.05 and closed the trading day at $94.4, in the green by 2.05%. The total traded volume for the day was 707,852. The stock had closed at $92.5 in the previous days trading.

ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems, notably: TWINSCAN NXE, a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT, a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT, a step-and-scan water-based immersion lithography platform; YieldStar, a metrology tool; PAS 5500, a step-and-scan platform; and Brion, a computational lithography verification platform. In addition, the Company provides customer support. The Companys activities are organized into three main business lines: Deep Ultraviolet (DUV) scanners, Extreme Ultraviolet (EUV) scanners, and Applications; which are supported by business functions, such as research and development (R&D), sales, operations and sourcing. The Company operates 70 offices in 16 countries and operates ASML Netherlands BV, ASML Systems BV, ASML Hong Kong Ltd., ASML US Inc. as wholly owned subsidiaries.

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