Entegris (ENTG) : Analyst Rating Update

Entegris (ENTG) : 4 analysts are covering Entegris (ENTG) and their average rating on the stock is 1.25, which is read as a Strong Buy. 3 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. Entegris (ENTG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.

Entegris (ENTG) : Average target price received by Entegris (ENTG) is $16.75 with an expected standard deviation of $0.96. The most aggressive target on the stock is $18, whereas the most downbeat target is $16. 4 financial analysts are currently covering the stock.

Entegris (NASDAQ:ENTG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.04 and $13.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.19, notching a gain of 0.21% for the day. The total traded volume was 330,276 . The stock had closed at $14.16 on the previous day.

The company shares have rallied 4.58% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $15.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.11 and the 200 Day Moving Average price is recorded at $13.00.

Entegris, Inc. is a developer, manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs, manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials. In the Critical Materials Handling segment, the Company offers a range of products that purify, monitor and deliver critical liquids and gases to the semiconductor manufacturing process and similar manufacturing processes, as well as microenvironment products. In the Electronic Materials segment, the Company offers a range of materials and materials delivery systems to support the semiconductor manufacturing processes. The Companys products and materials are used to manufacture semiconductors, micro-electromechanical systems (MEMS), flat panel displays, light emitting diodes (LEDs), chemicals and critical components for aerospace, glass manufacturing and biomedical applications.

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