voxeljet AG (VJET) Given a $6.00 Price Target by Cowen and Company Analysts
A number of other equities research analysts have also recently issued reports on VJET. Piper Jaffray Companies restated a buy rating and set a $8.00 price objective on shares of voxeljet AG in a report on Thursday, September 28th. ValuEngine cut voxeljet AG from a hold rating to a sell rating in a report on Tuesday, October 10th. Finally, Zacks Investment Research cut voxeljet AG from a buy rating to a hold rating in a report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $6.33.
voxeljet AG (NYSE:VJET) opened at 4.91 on Friday. The firm’s market cap is $91.33 million. The stock’s 50 day moving average price is $4.98 and its 200-day moving average price is $4.42. voxeljet AG has a one year low of $2.61 and a one year high of $6.37.
voxeljet AG (NYSE:VJET) last announced its quarterly earnings results on Monday, August 14th. The technology company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.06). The business had revenue of $5.66 million for the quarter. voxeljet AG had a negative return on equity of 22.77% and a negative net margin of 55.57%. Analysts forecast that voxeljet AG will post ($0.35) earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.watchlistnews.com/voxeljet-ag-vjet-given-a-6-00-price-target-by-cowen-and-company-analysts/1639924.html.
Several large investors have recently modified their holdings of VJET. Symmetry Peak Management LLC bought a new stake in shares of voxeljet AG during the second quarter worth approximately $146,000. Trent Capital Management Inc. NC bought a new stake in shares of voxeljet AG during the second quarter worth approximately $143,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of voxeljet AG by 24.7% during the second quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock worth $205,000 after acquiring an additional 9,308 shares during the period. Institutional investors own 3.27% of the company’s stock.
About voxeljet AG
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (3D) printers. The Company’s offer is aimed at industrial companies active in fields such as aerospace, automotive, engineering, architecture, science, medicine, art, film and entertainment. The Company is divided in two business areas: voxeljet SYSTEMS and voxeljet SERVICES.
Receive News & Ratings for voxeljet AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for voxeljet AG and related companies with Analyst Ratings Network's FREE daily email newsletter.