Are Analysts Bullish Amkor Technology, Inc. (NASDAQ:AMKR) After Last Week?

Out of 4 analysts covering Amkor (NASDAQ:AMKR), 2 rate it “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Amkor was the topic in 6 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Below is a list of Amkor Technology, Inc. (NASDAQ:AMKR) latest ratings and price target changes.

15/09/2015 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $7.00 New Target: $5.80 Downgrade

The stock closed at $5.27 during the last session. It is down 19.50% since July 31, 2015 and is uptrending. It has outperformed by 24.65% the S&P500.

Amkor Technology, Inc. is a well-known provider of outsourced semiconductor packaging and test services. The company has a market cap of $1.20 billion. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology employed, size, thickness and electrical, and mechanical and thermal performance. It has 22.01 P/E ratio. It provides packaging and test services, including semiconductor wafer bump, wafer probe, wafer backgrind, package design, packaging, test and drop shipment services.

The institutional sentiment increased to 0.94 in 2015 Q3. Its up 0.24, from 0.7 in 2015Q2. The ratio increased, as 29 funds sold all Amkor Technology, Inc. shares owned while 49 reduced positions. 13 funds bought stakes while 60 increased positions. They now own 82.57 million shares or 4.04% more from 79.36 million shares in 2015Q2.

Arbiter Partners Capital Management Llc holds 1.78% of its portfolio in Amkor Technology, Inc. for 4.06 million shares. Quentec Asset Management Llc owns 1.22 million shares or 0.94% of their US portfolio. Moreover, Walthausen & Co. Llc has 0.48% invested in the company for 1.22 million shares. The Connecticut-based Zebra Capital Management Llc has invested 0.43% in the stock. Hanson & Doremus Investment Management, a Vermont-based fund reported 179,905 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Add Comment