In a report released yesterday, Elizabelle Pang from DBS maintained a Hold rating on Micro-Mechanics (Holdings) (MCRNF – Research Report), with a price target of S$1.75. The company’s shares closed last Monday at $1.56.
According to TipRanks, Pang is a 2-star analyst with an average return of 8.9% and a 50.00% success rate.
Currently, the analyst consensus on Micro-Mechanics (Holdings) is a Hold with an average price target of $1.31.
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MCRNF market cap is currently $218.5M and has a P/E ratio of 18.30.
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Micro-Mechanics (Holdings) Ltd designs, manufactures and markets high precision parts and tools used in process-critical applications for the wafer-fabrication and assembly processes of the semiconductor industry. The company’s geographical segment includes Singapore; Malaysia; Philippines; USA and China. It generates maximum revenue from Singapore. The product line of the company consists of die attach, wire-bonding, and encapsulation.
