Analysts Offer Insights on Consumer Goods Companies: MKS Instruments (NASDAQ: MKSI) and Advanced Energy Industries (NASDAQ: AEIS)

By Ryan Adsit

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on MKS Instruments (MKSIResearch Report) and Advanced Energy Industries (AEISResearch Report) with bullish sentiments.

MKS Instruments (MKSI)

Susquehanna analyst David Ryzhik initiated coverage with a Buy rating on MKS Instruments today and set a price target of $123. The company’s shares closed yesterday at $80.75.

According to TipRanks.com, Ryzhik is a 1-star analyst with an average return of -4.9% and a 60.0% success rate. Ryzhik covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, 3D Systems, and HP Inc.

MKS Instruments has an analyst consensus of Strong Buy, with a price target consensus of $112.40, which is a 39.2% upside from current levels. In a report issued on April 30, Cowen & Co. also maintained a Buy rating on the stock with a $120 price target.

See today’s analyst top recommended stocks >>

Advanced Energy Industries (AEIS)

Advanced Energy Industries received a Buy rating and an $82 price target from Susquehanna analyst Mehdi Hosseini today. The company’s shares closed yesterday at $48.53.

According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.5% and a 48.7% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Applied Materials Inc, and Universal Display.

Currently, the analyst consensus on Advanced Energy Industries is a Moderate Buy with an average price target of $72.50.

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