Voxeljet AG (NYSE:VJET) has been given an average rating of “Hold” by the six brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $6.33.
Several equities analysts have recently issued reports on the company. TheStreet lowered Voxeljet from a “c-” rating to a “d+” rating in a research report on Thursday, March 15th. ValuEngine lowered Voxeljet from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 1st. Zacks Investment Research cut Voxeljet from a “hold” rating to a “sell” rating in a report on Tuesday, February 27th. Finally, Cowen reiterated a “buy” rating and set a $6.00 price objective on shares of Voxeljet in a report on Friday, February 23rd.
A hedge fund recently bought a new stake in Voxeljet stock. Symmetry Peak Management LLC acquired a new stake in shares of Voxeljet AG (NYSE:VJET) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 162,379 shares of the technology company’s stock, valued at approximately $742,000. Voxeljet makes up 0.6% of Symmetry Peak Management LLC’s investment portfolio, making the stock its 23rd largest position. Symmetry Peak Management LLC owned approximately 0.87% of Voxeljet at the end of the most recent quarter. Institutional investors and hedge funds own 6.64% of the company’s stock.
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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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