Voxeljet AG Receives New Coverage from Analysts at Brean Capital (VJET)
Brean Capital assumed coverage on shares of Voxeljet AG (NASDAQ:VJET) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock.
Shares of Voxeljet AG (NASDAQ:VJET) traded up 1.34% on Wednesday, hitting $15.85. 625,229 shares of the company’s stock traded hands. Voxeljet AG has a 52-week low of $12.85 and a 52-week high of $70.00. The stock’s 50-day moving average is $14.13 and its 200-day moving average is $27.95. The company’s market cap is $247.3 million.
Voxeljet AG (NASDAQ:VJET) last released its earnings data on Thursday, May 15th. The company reported ($0.04) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.03. Analysts expect that Voxeljet AG will post $-0.17 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Piper Jaffray cut their price target on shares of Voxeljet AG from $28.00 to $17.00 in a research note on Monday, May 19th. Separately, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Voxeljet AG in a research note on Monday, May 19th. They now have a $16.00 price target on the stock, down previously from $30.00. Finally, analysts at Jefferies Group cut their price target on shares of Voxeljet AG from $27.00 to $13.50 in a research note on Monday, May 19th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $19.13.
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (NASDAQ:VJET) printers.
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