EUR 13.85 For Business Accounts Only

MEYER BURGER TECH.AG sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of MEYER BURGER TECH.AG (CH), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date February 14, 2020, the closing price was CHF 0.37 and its target price was estimated at CHF 0.30.
Meyer Burger Technology AG

Meyer Burger is engaged in the supply of high-precision machines with wire saws, band saws and ID/OD slicing systems for cutting hard and brittle materials such as silicon, sapphire or other crystals into wafers, prisms and other shapes. Co.'s offering includes various models of precision machines, spare parts, wear and tear parts, consumables, regrooving service, process know-how, support, training and other services. Co.'s machines, skills and technologies are used in the solar industry (photovoltaics), the semiconductor and optical industry. These three markets all require the wafers of silicon or sapphire for the manufacture of solar modules, integrated circuits or high-performance LEDs.


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