BidaskClub cut shares of Ichor (NASDAQ:ICHR) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Several other equities analysts have also recently weighed in on ICHR. Needham & Company LLC raised their target price on shares of Ichor from $30.00 to $36.00 and gave the company a buy rating in a research note on Friday, October 13th. Cowen raised their target price on shares of Ichor from $27.00 to $38.00 and gave the company an outperform rating in a research note on Wednesday, October 18th. Royal Bank of Canada reaffirmed a buy rating and set a $37.00 target price on shares of Ichor in a research note on Friday, October 20th. Zacks Investment Research cut shares of Ichor from a strong-buy rating to a hold rating in a research note on Wednesday, December 13th. Finally, Deutsche Bank raised their target price on shares of Ichor to $38.00 and gave the company a buy rating in a research note on Thursday, January 18th. One research analyst has rated the stock with a sell rating, five have issued a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of $38.33.

Ichor (NASDAQ:ICHR) opened at $22.99 on Friday. The firm has a market cap of $588.29 and a price-to-earnings ratio of 11.55. Ichor has a 52 week low of $16.35 and a 52 week high of $35.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 2.03.

In other Ichor news, Director Iain Mackenzie sold 4,690 shares of Ichor stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $26.10, for a total value of $122,409.00. Following the completion of the transaction, the director now directly owns 4,690 shares of the company’s stock, valued at approximately $122,409. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Maurice Eugene Carson sold 17,300 shares of Ichor stock in a transaction on Friday, December 1st. The stock was sold at an average price of $26.38, for a total transaction of $456,374.00. Following the completion of the transaction, the chief financial officer now directly owns 47,922 shares of the company’s stock, valued at $1,264,182.36. The disclosure for this sale can be found here. Insiders sold a total of 63,927 shares of company stock valued at $1,708,238 over the last three months. Corporate insiders own 5.80% of the company’s stock.

Large investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new position in shares of Ichor in the 3rd quarter worth $107,000. Hershey Trust Co. purchased a new position in shares of Ichor in the 4th quarter worth $111,000. Toronto Dominion Bank purchased a new position in shares of Ichor in the 4th quarter worth $197,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Ichor in the 3rd quarter worth $228,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Ichor in the 2nd quarter worth $180,000. 76.40% of the stock is owned by institutional investors and hedge funds.

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Ichor Company Profile

Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.

Analyst Recommendations for Ichor (NASDAQ:ICHR)

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