Benchmark Co. Releases a Buy Rating on MKS Instruments

By Austin Angelo

Benchmark Co. analyst Mark Miller assigned a Buy rating to MKS Instruments (NASDAQ: MKSI) today and set a price target of $125. The company’s shares closed yesterday at $90.05.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 27.1% and a 73.8% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and Nanometrics Inc.

Currently, the analyst consensus on MKS Instruments is a Strong Buy with an average price target of $140, representing a 55.5% upside. In a report issued on July 12, Stifel Nicolaus also reiterated a Buy rating on the stock with a $155 price target.

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MKS Instruments’ market cap is currently $4.91B and has a P/E ratio of 13.03. The company has a Price to Book ratio of 2.89.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

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MKS Instruments, Inc. engages in the provision of instruments, subsystems, and process control solutions to measure, control, power, monitor, and analyze parameters of manufacturing processes. It operates through the Vacuum and Analysis; and Light and Motion segments.