3D Systems Receives Average Recommendation of “Hold” from Brokerages (NASDAQ:TDSC)
3D Systems (NASDAQ:TDSC) has earned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the stock, AnalystRatings.Net reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $70.77.
A number of research firms have recently commented on TDSC. Analysts at FBR Capital Markets downgraded shares of 3D Systems to a “market perform” rating in a research note on Friday. Separately, analysts at Piper Jaffray cut their price target on shares of 3D Systems from $63.00 to $50.00 in a research note on Friday. They now have a “neutral” rating on the stock. Finally, analysts at Pacific Crest cut their price target on shares of 3D Systems from $59.00 to $56.00 in a research note on Friday.
3D Systems Corporation (NASDAQ:TDSC) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region.
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