Advanced Energy Industries, Inc. (NASDAQ:AEIS) price target lowered to $58.00 by Citigroup

By Market Exclusive

Analyst Ratings For Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Today, Citigroup lowered its price target on Advanced Energy Industries, Inc. (NASDAQ:AEIS) to $58.00 per share.

There are 4 Buy Ratings, 3 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Advanced Energy Industries, Inc. (NASDAQ:AEIS) is Buy with a consensus target price of $76.40 per share, a potential 47.78% upside.

Some recent analyst ratings include

  • 8/1/2018-Advanced Energy Industries, Inc. (NASDAQ:AEIS) had its Buy rating reiterated by Cowen with a $76.00 price target
  • 7/5/2018-Advanced Energy Industries, Inc. (NASDAQ:AEIS) gets upgraded to Outperform by Raymond James
  • 10/15/2017-Advanced Energy Industries, Inc. (NASDAQ:AEIS) had its Hold rating reiterated by KeyCorp

Recent Insider Trading Activity For Advanced Energy Industries, Inc. (NASDAQ:AEIS)
Advanced Energy Industries, Inc. (NASDAQ:AEIS) has insider ownership of 1.20% and institutional ownership of 93.98%.

  • On 8/16/2018Thomas O. Mcgimpsey, CFO, sold 8,391 with an average share price of $59.32 per share and the total transaction amounting to $497,754.12.
  • On 5/4/2018Yuval Wasserman, CEO, sold 55,540 with an average share price of $62.40 per share and the total transaction amounting to $3,465,696.00.
  • On 12/8/2017Grant H. Beard, Director, sold 10,000 with an average share price of $71.86 per share and the total transaction amounting to $718,600.00.
  • On 11/10/2017Frederick Ball, Director, sold 4,000 with an average share price of $83.51 per share and the total transaction amounting to $334,040.00.
  • On 11/7/2017Thomas O. Mcgimpsey, EVP, sold 5,190 with an average share price of $85.06 per share and the total transaction amounting to $441,461.40.
  • On 10/18/2017Yuval Wasserman, CEO, sold 10,669 with an average share price of $90.00 per share and the total transaction amounting to $960,210.00.
  • On 10/12/2017Yuval Wasserman, CEO, sold 23,000 with an average share price of $85.00 per share and the total transaction amounting to $1,955,000.00.

About Advanced Energy Industries, Inc. (NASDAQ:AEIS)
Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports power conversion and control products that transform electrical power into various usable forms. It offers process power systems, including direct current (DC), pulsed DC, low frequency, high voltage, and radio frequency (RF) power supplies, as well as matching networks and remote plasma sources for reactive gas applications and RF instrumentation. The company also provides power control modules and thermal instrumentation products for rapid thermal processing, chemical vapor deposition, crystal growing, and other semiconductor and solar applications, as well as in chemical processing, glass manufacturing, and other general industrial power applications; and high voltage products for various applications, including semiconductor wafer processing and metrology, scientific instrumentation, mass spectrometry, industrial printing, and analytical x-ray systems for industrial and analytical applications. In addition, it offers repair services, conversions, upgrades, and refurbishments and used equipment to companies. The company markets and sells its products through direct sales force, independent sales representatives, and distributors in the North America, Europe, and Asia. Advanced Energy Industries, Inc. was founded in 1981 and is headquartered in Fort Collins, Colorado.

Recent Trading Activity for Advanced Energy Industries, Inc. (NASDAQ:AEIS)
Shares of Advanced Energy Industries, Inc. closed the previous trading session at 51,69 −2,31 4,28 % with 51.59 shares trading hands.

This article provided by NewsEdge.