Zacks: Advantest Corp (NASDAQ:ATEYY) Receives Average Recommendation of “Hold” from Analysts

Shares of Advantest Corp (NASDAQ:ATEYY) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Zacks has also assigned Advantest Corp an industry rank of 126 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded shares of Advantest Corp from a “strong-buy” rating to a “sell” rating in a report on Tuesday, May 2nd.

Shares of Advantest Corp (NASDAQ ATEYY) remained flat at $17.39 during mid-day trading on Wednesday. Advantest Corp has a 52 week low of $11.17 and a 52 week high of $19.64.

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About Advantest Corp

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products, such as test handlers and device interfaces. The Company engages in research and development activities, and provides maintenance and support services associated with these products.

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