AIXTRON share sags: Berenberg lowers target for AIXTRON

The private bank Berenberg has lowered the price target for AIXTRON from 29 to 26 euros and left the rating at “Buy”.

The supplier for the semiconductor industry AIXTRON is benefiting from high incoming orders, but the momentum is likely to weaken for the time being, wrote analyst Charlotte Friedrichs in a study published on Wednesday. She cut her estimates, but continues to believe in the company’s long-term potential.

AIXTRON chart continues to cloud over

AIXTRON’s chart image clouded over massively on Wednesday after the slide below both 200-day lines. The papers of the plant manufacturer for the semiconductor industry fell via XETRA by a good 9 percent to 18.24 euros. This closes the price gap from June. At that time, the company had caused enthusiasm with an increase in the forecast. Since the end of August, at a ten-year high of EUR 26.60, it has evaporated.

/ tih / mis

Publication of the original study: 23.11.2021 / 18:06 / GMT

First dissemination of the original study: 11/23/2021 / time not specified in study / time zone not specified in study


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HAMBURG (dpa-AFX Broker)

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