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ams AG (AUKUF) Receives a Buy from J.P. Morgan

In a report released yesterday, Sandeep Deshpande from J.P. Morgan maintained a Buy rating on ams AG (AUKUFResearch Report), with a price target of CHF22.50. The company’s shares closed last Wednesday at $17.86, close to its 52-week low of $17.01.

According to TipRanks.com, Deshpande is ranked #389 out of 7758 analysts.

ams AG has an analyst consensus of Moderate Buy, with a price target consensus of $21.73.

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ams AG’s market cap is currently $4.43B and has a P/E ratio of -22.61.

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ams AG develops and manufactures analog semiconductors, sensors, sensor interfaces, power management and wireless solutions. It operates through the following segments: Consumer, Non-Consumer, and Foundry. The Consumer segment comprises of products and sensor solutions targeting the mobile, consumer and communications markets. The Non-Consumer segment consists of comprised of products and sensor solutions targeting the mobile, consumer and communications markets. The Foundry segment manufactures analog/mixed signal ICs based on customer design. The company was founded in August 1981 and is headquartered in Premstaetten, Austria.

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