Intevac (IVAC) Gets a Buy Rating from Benchmark Co.

Benchmark Co. analyst Mark Miller maintained a Buy rating on Intevac (IVACResearch Report) yesterday and set a price target of $9.00. The company’s shares closed last Wednesday at $7.54, close to its 52-week high of $7.95.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 26.0% and a 71.2% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, MKS Instruments, and Western Digital.

Intevac has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.

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Intevac’s market cap is currently $179.9M and has a P/E ratio of 30.80. The company has a Price to Book ratio of 1.63.

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Intevac, Inc. is engaged in the design, manufacture, and marketing of thin-film processing systems; and digital sensors, cameras, and systems. It operates its business through the Thin-film Equipment and Photonics segments. The Thin-film Equipment segment offers vacuum process equipment solutions for high-volume manufacturing of small substrates with precise thin-film properties, such as for the hard drive, solar cell, and DCP industries, as well as other adjacent thin-film markets.The Photonics segment develops digital-optical products for the capture and display of low-light images. The company was founded by Norman H. Pond in October 1990 and is headquartered in Santa Clara, CA.