New York: Orbotech (NASDAQ:ORBK) Stock Has Just Had Its Outperform Rating Reiterated by Oppenheimer. Shares now Have a $35.0 Target

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Orbotech (NASDAQ:ORBK) Rating Reaffirmed

Oppenheimer now has a $35.0 target PPS on shares of Orbotech (NASDAQ:ORBK). The target PPS would suggest a potential upside of 71.57% from the last stock close price of Orbotech (NASDAQ:ORBK). This rating was revealed to clients and investors in a comprehensive report on Wednesday, 2 December.

From a total of 5 analysts covering Orbotech (NASDAQ:ORBK) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $26 while the lowest target price is $22. The mean of all analyst targets is $24 with a 24.70% above today’s ($20.85) stock price. Orbotech was the topic of 3 analyst reports since September 8, 2015 according to the firm StockzIntelligence Inc. Needham maintained shares on November 16 with “Buy” rating. Lake Street initiated ORBK stock in a recent report from September 8 with “Buy” rating.

Approximately shares of stock traded hands. Orbotech Ltd (NASDAQ:ORBK) has risen 14.67% since April 29, 2015 and is uptrending. It has outperformed by 14.87% the S&P500.

New York: Orbotech (NASDAQ:ORBK) Stock Has Just Had Its Outperform Rating Reiterated by Oppenheimer. Shares now Have a $35.0 Target

Orbotech Ltd. is a provider of production solutions for printed circuit boards (PCBs), Liquid Crystal Display (LCDs) and semiconductors devices (SDs) and similar solutions to manufacturers of other electronic components, such as touch screens and interconnect substrates. The company has a market cap of $885.88 million. The Firm operates through three divisions: Production Solutions for the Electronics Industry, Solar Energy and Recognition Software. It has 19.76 P/E ratio. The Production Solutions for the Electronics Industry segment consists of the design, development, manufacture, marketing and servicing of solutions designed to enable the production of electronic products and improve the electronics production processes.

According to Zacks Investment Research, “Orbotech LTD. is the world leader in the design, development, manufacture and marketing of AOI systems for use in the manufacture of printed circuit boards and flat panel displays and is a leader in the design, development, manufacture and marketing of imaging solutions for PCB production and of AOI systems for use in the electronics assembly industry. They market computer aided manufacturing solutions for PCB production and continue to develop its proprietary AOI technologies for use in other applications both within and outside the electronics industry. (press release)” Get a free copy of the Zacks research report on Orbotech Ltd (ORBK).

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