MKS Instruments Received its Third Buy in a Row

By Jason Carr

After Stifel Nicolaus and D.A. Davidson gave MKS Instruments (NASDAQ: MKSI) a Buy rating last month, the company received another Buy, this time from Benchmark Co. Analyst Mark Miller reiterated a Buy rating on MKS Instruments today and set a price target of $140. The company’s shares closed yesterday at $104.25.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 28.1% and a 74.1% 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 Strong Buy and the average price target is $140, representing a 34.3% upside.

In a report issued on June 18, Stifel Nicolaus also maintained a Buy rating on the stock with a $155 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $128.28 and a one-year low of $65.90. Currently, MKS Instruments has an average volume of 606.2K.

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

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.