Nomura bumped up the target of Applied Materials Inc. (NDAQ:AMAT) to $5.00 stating a potential downside of -0.89%.

Previously on 8/18/2017, Credit Suisse released a statement for Applied Materials Inc. (NDAQ:AMAT) bumped up the target price from $5.00 to $6.00. At the time, this indicated a possible downside of -0.86%.

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Applied Materials Inc. has PE ratio of 15.75 with a one year low of $27.56 and a one year high of $47.86 and has a total market value of $0.

A total of 21 firms have issued a report on the stock. 4 brokerages rating the company a strong buy, sixteen brokerages rating the stock a buy, 2 brokers rating the stock a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $26.64.

General Company Details For Applied Materials Inc. (NDAQ:AMAT)

Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The Company's segments are Semiconductor Systems, which includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation; Applied Global Services, which provides integrated solutions to optimize equipment and fab performance and productivity; Display and Adjacent Markets, which includes products for manufacturing liquid crystal displays, organic light-emitting diodes, upgrades and roll-to-roll Web coating systems and other display technologies for televisions, personal computers, smart phones and other consumer-oriented devices, and Corporate and Other segment, which includes revenues from products, as well as costs of products sold for fabricating solar photovoltaic cells and modules, and certain operating expenses.

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