Rating Update | BofA Securities Maintains 'Neutral' on ASMPT, Citing Incomplete Sales and Margin Recovery
2025-05-30 / Read about 0 minute
Author:小编   

BofA Securities has maintained its 'Neutral' rating for ASMPT, setting a target price of HK$59. The research report highlights that ASMPT's sales and profit margins are still in the process of recovering, with demand for traditional wire bonders and Surface Mount Technology (SMT) equipment remaining subdued. The company anticipates second-quarter revenue to fall within the range of US$410 million to US$470 million. Consequently, BofA Securities assesses the stock's potential for upside gains as constrained.