Share on StockTwits

Equities researchers at BB&T Corp. began coverage on shares of Materialise NV (NASDAQ:MTLS) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $19.00 price target on the stock. BB&T Corp.’s target price would indicate a potential upside of 52.49% from the stock’s previous close.

Materialise NV (NASDAQ:MTLS) opened at 12.81 on Monday. Materialise NV has a 52-week low of $11.06 and a 52-week high of $15.15. The stock has a 50-day moving average of $12.77 and a 200-day moving average of $12.77. The company has a market cap of $603.0 million and a price-to-earnings ratio of 103.83.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Materialise NV in a research note on Monday. They set an “outperform” rating and a $15.00 price target on the stock. Separately, analysts at Janney Montgomery Scott initiated coverage on shares of Materialise NV in a research note on Monday. They set a “buy” rating and a $14.00 price target on the stock. Finally, analysts at Piper Jaffray initiated coverage on shares of Materialise NV in a research note on Monday. They set an “overweight” rating and a $19.00 price target on the stock.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.