Analyst Rating Update on 3D Systems Corporation (DDD)

3D Systems Corporation (DDD) has an average broker rating of 3.5, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 4 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

3D Systems Corporation (DDD) : The most positive equity analysts on 3D Systems Corporation (DDD) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $13.47 with an expected fluctuation of $5.46 from the mean.

Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Piper Jaffray downgrades the rating on 3D Systems Corporation (NYSE:DDD). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Neutral. The Analysts at the ratings agency lowers the price target from $12 per share to $10.5 per share. The rating by the firm was issued on July 18, 2016.


3D Systems Corporation (NYSE:DDD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.00 and $12.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.35, notching a gain of 17.82% for the day. The total traded volume was 11,218,423 . The stock had closed at $12.18 on the previous day.

3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation, training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design, including 3D digital design, scan-to-computer-aided design (CAD), scan-to-print, reverse engineering, inspection, sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services, digitizing scanners and simulation products. The Company operates in the Americas, Europe, the Middle East and the Asia Pacific regions.

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