FY2016 Earnings Forecast for Aixtron AG (AIXG) Issued By Oppenheimer Holdings
Aixtron AG (NASDAQ:AIXG) – Equities research analysts at Oppenheimer Holdings increased their FY2016 earnings estimates for Aixtron AG in a research report issued to clients and investors on Tuesday. Oppenheimer Holdings analyst C. Rusch now expects that the firm will earn ($0.27) per share for the year, up from their prior forecast of ($0.29). Oppenheimer Holdings also issued estimates for Aixtron AG’s Q4 2016 earnings at $0.05 EPS.
AIXG has been the topic of a number of other research reports. DZ Bank AG reiterated a “sell” rating on shares of Aixtron AG in a research note on Friday, August 12th. Zacks Investment Research downgraded shares of Aixtron AG from a “buy” rating to a “hold” rating in a report on Tuesday, October 11th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $6.25.
Shares of Aixtron AG (NASDAQ:AIXG) opened at 5.22 on Friday. The firm’s market cap is $582.54 million. Aixtron AG has a one year low of $3.25 and a one year high of $8.05. The company has a 50 day moving average of $5.79 and a 200-day moving average of $5.87.
A hedge fund recently bought a new stake in Aixtron AG stock. Ancora Advisors LLC acquired a new stake in Aixtron AG (NASDAQ:AIXG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 45,120 shares of the company’s stock, valued at approximately $274,000. Hedge funds and other institutional investors own 0.88% of the company’s stock.
Aixtron AG Company Profile
AIXTRON SE (AIXTRON) is a provider of deposition equipment to the semiconductor industry. The Company’s technology solutions are used by a range of customers across the world to build components for electronic and opto-electronic applications based on compound, silicon or organic semiconductor materials.
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