BE Semiconductor Industries (OTCMKTS:BESIY) Rating Increased to Hold at Berenberg Bank

Berenberg Bank upgraded shares of BE Semiconductor Industries (OTCMKTS:BESIY) to a hold rating in a research note published on Monday morning,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Citigroup reissued a “neutral” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. Needham & Company LLC raised shares of BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Sanford C. Bernstein reiterated an “outperform” rating on shares of BE Semiconductor Industries in a research note on Sunday, January 4th. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 13th. Finally, Kepler Capital Markets lowered BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, BE Semiconductor Industries presently has an average rating of “Hold”.

BE Semiconductor Industries Stock Up 1.0%

BE Semiconductor Industries stock opened at $234.99 on Monday. The firm has a 50 day moving average of $190.83 and a 200 day moving average of $165.26. BE Semiconductor Industries has a 12-month low of $88.02 and a 12-month high of $235.17. The company has a debt-to-equity ratio of 1.46, a current ratio of 5.75 and a quick ratio of 5.02.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.