Are Analysts Bullish Advanced Energy Industries, Inc. (NASDAQ:AEIS) After Last Week?

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Logo
Investors sentiment decreased to 0.78 in 2019 Q2. Its down 0.58, from 1.36 in 2019Q1. It is negative, as 31 investors sold Advanced Energy Industries, Inc. shares while 66 reduced holdings. 25 funds opened positions while 51 raised stakes. 37.77 million shares or 4.00% more from 36.32 million shares in 2019Q1 were reported.
National Bank & Trust Of America Corp De holds 234,956 shares. Pinnacle Assocs Ltd accumulated 0.3% or 227,953 shares. Utd Cap Fin Advisers Lc owns 17,097 shares or 0.01% of their US portfolio. Jane Street Group Incorporated Ltd Co has 6,756 shares for 0% of their portfolio. Bnp Paribas Arbitrage Sa owns 5,687 shares or 0% of their US portfolio. Alliancebernstein Lp holds 124,638 shares. Goldman Sachs Group reported 127,699 shares. Inv Counselors Of Maryland Ltd Liability invested in 489,651 shares. Freestone Limited Company owns 43,416 shares. Loomis Sayles And L P reported 426,041 shares. Sheets Smith Wealth holds 6,610 shares. Keybank Natl Association Oh holds 0.01% or 18,451 shares. Aristotle Capital Boston Lc holds 1.22% or 446,352 shares. Td Asset Management Inc has invested 0% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Invesco accumulated 0% or 301,165 shares.

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

Among 2 analysts covering Advanced Energy Industries (NASDAQ:AEIS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Advanced Energy Industries has $6800 highest and $4500 lowest target. $56.67’s average target is 5.28% above currents $53.83 stock price. Advanced Energy Industries had 6 analyst reports since May 15, 2019 according to SRatingsIntel. Citigroup upgraded the stock to “Buy” rating in Monday, September 23 report. Cowen & Co downgraded Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Friday, October 11. Cowen & Co has “Market Perform” rating and $5700 target. Below is a list of Advanced Energy Industries, Inc. (NASDAQ:AEIS) latest ratings and price target changes.

11/10/2019 Broker: Cowen & Co Old Rating: Outperform New Rating: Market Perform Old Target: $60.0000 New Target: $57.0000 Downgrade
02/10/2019 Broker: BidaskScore Rating: Hold Downgrade
26/09/2019 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Upgrade
23/09/2019 Broker: Citigroup Old Rating: Neutral New Rating: Buy Old Target: $55.0000 New Target: $68.0000 Upgrade
08/07/2019 Broker: Inc. – Common Stock Rating: Da Davidson
15/05/2019 Broker: Inc. – Common Stock Rating: Susquehanna New Target: $45.0000 82.0000

The stock decreased 0.20% or $0.11 during the last trading session, reaching $53.83. About 420,568 shares traded or 66.65% up from the average. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 3.12% since October 12, 2018 and is downtrending. It has underperformed by 3.12% the S&P500.

Advanced Energy Industries, Inc., together with its subsidiaries, designs, makes, sells, and supports power conversion and control products that transform power into various usable forms. The company has market cap of $2.06 billion. It offers process power systems, including direct current , 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. It has a 20.53 P/E ratio. The firm 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.

More notable recent Advanced Energy Industries, Inc. (NASDAQ:AEIS) news were published by: Globenewswire.com which released: “Paul Oldham to Join Advanced Energy as Chief Financial Officer – GlobeNewswire” on March 29, 2018, also Businesswire.com with their article: “Advanced Energy Announces Integration of Its Low Voltage Products by Alma – Business Wire” published on May 21, 2019, Businesswire.com published: “Advanced Energy to Showcase Latest Semiconductor Solutions at SEMICON West 2019 – Business Wire” on July 09, 2019. More interesting news about Advanced Energy Industries, Inc. (NASDAQ:AEIS) were released by: Seekingalpha.com and their article: “Advanced Energy To Acquire Embedded Power Division Of Artesyn – Seeking Alpha” published on May 17, 2019 as well as Globenewswire.com‘s news article titled: “Neil Brinker to Join Advanced Energy as Chief Operating Officer – GlobeNewswire” with publication date: May 09, 2018.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Institutional Positions Chart

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