voxeljet AG (NYSE:VJET) Downgraded by Zacks Investment Research
voxeljet AG (NYSE:VJET) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday.
According to Zacks, “voxeljet AG provides 3D printers and on-demand parts services to industrial and commercial customers. The company operates in two segments, Systems and Services. It serves the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product industries. voxeljet AG is headquartered in Friedberg, Germany. “
Other analysts have also recently issued reports about the company. Citigroup Inc. reissued a “buy” rating and issued a $5.00 target price (up from $3.50) on shares of voxeljet AG in a research note on Monday, May 15th. ValuEngine raised voxeljet AG from a “sell” rating to a “hold” rating in a research note on Saturday, May 20th. Cowen and Company cut their target price on voxeljet AG from $3.50 to $3.00 and set a “market perform” rating on the stock in a research note on Monday, April 3rd. Finally, Piper Jaffray Companies raised their target price on voxeljet AG from $5.00 to $8.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.06.
Shares of voxeljet AG (NYSE VJET) traded up 0.23% on Wednesday, hitting $4.39. The stock had a trading volume of 26,110 shares. The firm has a 50 day moving average of $4.96 and a 200-day moving average of $3.75. voxeljet AG has a 1-year low of $2.61 and a 1-year high of $6.00. The firm’s market capitalization is $81.65 million.
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.
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