Aegis Capital Initiates Coverage On Versum Materials to Hold with Price Target $33

Aegis Capital Initiates Coverage On Versum Materials(VSM). In a research note issued to the investors, the brokerage major Announces the price-target to $33 per share. The shares have been rated Hold. The rating by the stock financial advisor at Aegis Capital was issued on Mar 17, 2017 in a research report to their Investors and Clients.

In a different note, Goldman Sachs said it Initiates Coverage On Versum Materials, according to a research note issued on Feb 10, 2017. In the research note, the firm Announces the price-target to $32 per share. The shares have been rated ‘Neutral’ by the firm. Argus Research said it Initiates Coverage On Versum Materials, according to a research note issued on Feb 9, 2017. The shares have been rated ‘Hold’ by the firm.

Versum Materials (VSM) made into the market gainers list on Wednesdays trading session with the shares advancing 0.51% or 0.15 points. Due to strong positive momentum, the stock ended at $29.84, which is also near the day’s high of $29.85. The stock began the session at $29.66 and the volume stood at 4,86,421 shares. The 52-week high of the shares is $31.31 and the 52 week low is $21.86. The company has a current market capitalization of $3,245 M and it has 10,87,36,979 shares in outstanding.

Versum Materials(VSM) last announced its earnings results on Feb 13, 2017 for Fiscal Year 2017 and Q1.Company reported revenue of $270.800M. Analysts had an estimated revenue of $251.440M. Earnings per share were $0.47. Analysts had estimated an EPS of $0.41.

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