Report
Martin Marandon-Carlhian ...
  • Stephane Houri

ASM International N.V : The message remains upbeat

>Buy rating maintained – target price of € 180 - Following our update with the company we are confirming our Buy rating, with a target price of € 180. To sum up, we found the group to be quite confident despite the turbulence in the industry (Intel, Huawei) and we think the group's outlook is in reality largely unchanged. We continue to appreciate ASMi's strategy, with its efforts to step up its leadership position in ALD (Atomic Layer Deposition) and capitalise on m...
Underlying
ASM International N.V.

ASM International is an equipment supplier mainly to the semiconductor manufacturing industry. Co. designs, manufactures and sells equipment and services to its customers for the production of semiconductor devices, or integrated circuits. Co.'s front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. Co.'s back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged and tested.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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