voxeljet AG (NYSE:VJET) Upgraded to Hold by ValuEngine
voxeljet AG (NYSE:VJET) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Tuesday.
A number of other brokerages have also weighed in on VJET. Piper Jaffray Companies lifted their price objective on voxeljet AG from $5.00 to $8.00 and gave the company an “overweight” rating in a report on Wednesday, May 24th. Zacks Investment Research lowered voxeljet AG from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Citigroup Inc. reaffirmed a “buy” rating and issued a $5.00 price objective (up previously from $3.50) on shares of voxeljet AG in a report on Monday, May 15th. Finally, Cowen and Company raised voxeljet AG from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $3.00 to $5.50 in a report on Monday, May 15th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. voxeljet AG has an average rating of “Buy” and an average price target of $6.06.
voxeljet AG (NYSE:VJET) traded up 7.85% during mid-day trading on Tuesday, reaching $4.67. The company’s stock had a trading volume of 84,265 shares. voxeljet AG has a one year low of $2.61 and a one year high of $6.00. The stock’s 50 day moving average is $4.86 and its 200 day moving average is $3.78. The firm’s market cap is $86.86 million.
COPYRIGHT VIOLATION WARNING: This article was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.americanbankingnews.com/2017/07/25/voxeljet-ag-nysevjet-upgraded-to-hold-by-valuengine.html.
Several large investors have recently made changes to their positions in VJET. ARK Investment Management LLC purchased a new stake in shares of voxeljet AG during the fourth quarter valued at approximately $444,000. Bank of New York Mellon Corp raised its stake in shares of voxeljet AG by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 44,207 shares of the technology company’s stock valued at $201,000 after buying an additional 680 shares during the period. Finally, UBS Group AG raised its stake in shares of voxeljet AG by 10.3% in the first quarter. UBS Group AG now owns 128,635 shares of the technology company’s stock valued at $785,000 after buying an additional 11,975 shares during the period. 1.44% of the stock is currently owned by institutional investors and hedge funds.
voxeljet AG Company Profile
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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 MarketBeat.com's FREE daily email newsletter.