Aixtron SE (NASDAQ:AIXG) Receives Downgrade From Credit Agricole. Will Other Analysts Follow Suit?

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Aixtron SE (NASDAQ:AIXG) Receives a Downgrade

Credit Agricole downgraded their rating for shares of Aixtron SE (NASDAQ:AIXG) from “Underperform” to “Sell” in analysts report that was revealed to investors and clients on Friday morning.

From a total of 3 analysts covering Aixtron Ag (NASDAQ:AIXG) stock, 0 rate it a ”Buy”, 2 a “Sell”, and 2 a ”Hold”. This means that 0% of the ratings are positive. Aixtron Ag was the topic of 4 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. JP Morgan downgraded shares on November 23 to “Neutral” rating. Canaccord Genuity maintained AIXG stock in a recent report from July 29 with “Sell” rating.

Approximately 74,782 shares of stock traded hands or 70.00% up from the average. AIXTRON SE (ADR) (NASDAQ:AIXG) has risen 16.99% since May 1, 2015 and is uptrending. It has outperformed by 19.77% the S&P500.

Aixtron SE (NASDAQ:AIXG) Receives Downgrade From Credit Agricole. Will Other Analysts Follow Suit?

Aixtron SE is a provider of deposition equipment to the semiconductor and compound-semiconductor industry. The company has a market cap of $851.49 million. The Company’s technology solutions are used by a diverse range of clients to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials. It currently has negative earnings. Such components are used in fiber optic communication systems, wireless and mobile telephony applications, optical and electronic storage devices, computing, signaling and lighting, and displays.

According to Zacks Investment Research, “AIXTRON AG is a leading provider of deposition equipment to the semiconductor industry. The Company’s technology solutions are used by a diverse range of customers worldwide to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials. Such components are used in fiber optic communication systems, wireless and mobile telephony applications, optical and electronic storage devices, computing, signaling and lighting, as well as a range of other leading-edge technologies. AIXTRON AG’s securities are listed on the Prime Standard market segment of the Frankfurt Stock Exchange and, as American Depositary Shares (ADS), on the NASDAQ GLOBAL MARKET, and are included in the TecDAX index, the NASDAQ Composite Index, the MSCI World Small Cap Index and the Nature Stock Index (NAI). Founded in 1983, the Company is headquartered in Aachen, Germany.” Get a free copy of the Zacks research report on AIXTRON SE (ADR) (AIXG).

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