Ichor Holdings Ltd (ICHR) Receives $19.00 Average Target Price from Brokerages

Ichor Holdings Ltd (NASDAQ:ICHR) has earned an average recommendation of “Buy” from the six research firms that are covering the stock. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $19.00.

Several equities research analysts recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Ichor Holdings from $16.00 to $17.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 11th. Zacks Investment Research upgraded shares of Ichor Holdings from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Tuesday, March 7th. Needham & Company LLC raised their price target on shares of Ichor Holdings from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, February 10th. Cowen and Company started coverage on shares of Ichor Holdings in a research note on Tuesday, January 3rd. They issued an “outperform” rating and a $15.00 price target on the stock. Finally, Stifel Nicolaus restated a “buy” rating and issued a $17.00 price target (up previously from $16.00) on shares of Ichor Holdings in a research note on Thursday, January 12th.

Your IP Address:

Several large investors have recently made changes to their positions in the stock. Royce & Associates LP purchased a new stake in shares of Ichor Holdings during the fourth quarter valued at about $2,887,000. Francisco Partners Management LP purchased a new stake in shares of Ichor Holdings during the fourth quarter valued at about $178,325,000. Boothbay Fund Management LLC purchased a new stake in shares of Ichor Holdings during the fourth quarter valued at about $281,000. Putnam Investments LLC purchased a new stake in shares of Ichor Holdings during the fourth quarter valued at about $4,058,000. Finally, Federated Investors Inc. PA purchased a new stake in shares of Ichor Holdings during the fourth quarter valued at about $6,222,000. Institutional investors own 8.12% of the company’s stock.

Ichor Holdings (NASDAQ:ICHR) opened at 19.04 on Tuesday. The firm’s market capitalization is $454.56 million. The company’s 50 day moving average price is $17.48 and its 200 day moving average price is $15.25. Ichor Holdings has a 12 month low of $9.76 and a 12 month high of $19.44.

About Ichor Holdings

Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems. Its gas delivery systems consist of gas lines, each controlled by a series of mass flow controllers, regulators, pressure transducers and valves, and an integrated electronic control system.

5 Day Chart for NASDAQ:ICHR

Receive News & Ratings for Ichor Holdings Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor Holdings Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.