Shares of Orbotech Ltd. (NASDAQ:ORBK) rose by 4.65% in the past week and 22.36% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 4.6% and the outperformance increases to 21.73% for the last 4 weeks.
Orbotech Ltd. (NASDAQ:ORBK): The stock price is expected to reach $ 23.25 in the short term. The number of analysts agreeing with this consensus is 4. The higher estimate for the short term price target is at $25 while the lower estimate is at $20.
Needham & Company analyst James Ricchiuti reiterated a Buy rating and bumped his price target on Orbotech Ltd. (NASDAQ: ORBK) to $22.00 (from $20.00) saying they are more confident about a turn in the PCB business.