Stratasys Ltd. (NASDAQ:SSYS) has received a consensus recommendation of “Hold” from the nineteen research firms that are covering the firm. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $23.97.

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated a “sell” rating and issued a $22.00 price objective on shares of Stratasys in a report on Friday, November 4th. Gabelli restated a “buy” rating on shares of Stratasys in a report on Saturday, November 19th. Needham & Company LLC reduced their price objective on shares of Stratasys from $24.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, November 16th. FBR & Co restated an “outperform” rating and issued a $24.00 price objective (down from $29.00) on shares of Stratasys in a report on Saturday, November 19th. Finally, Vetr lowered shares of Stratasys from a “strong-buy” rating to a “buy” rating and set a $26.67 price objective on the stock. in a report on Wednesday, September 28th.

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Stratasys (NASDAQ:SSYS) traded down 1.72% during midday trading on Tuesday, reaching $18.28. 607,521 shares of the company’s stock traded hands. The company’s market capitalization is $961.51 million. The firm’s 50 day moving average price is $19.74 and its 200-day moving average price is $21.36. Stratasys has a 1-year low of $14.48 and a 1-year high of $30.46.

A number of hedge funds have recently added to or reduced their stakes in SSYS. Janney Montgomery Scott LLC bought a new stake in Stratasys during the second quarter worth approximately $201,000. Commonwealth Equity Services Inc increased its stake in Stratasys by 28.5% in the second quarter. Commonwealth Equity Services Inc now owns 14,873 shares of the company’s stock worth $340,000 after buying an additional 3,303 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in Stratasys by 2.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 33,076 shares of the company’s stock worth $757,000 after buying an additional 817 shares in the last quarter. Societe Generale bought a new stake in Stratasys during the second quarter worth approximately $1,731,000. Finally, Concourse Capital Management LLC increased its stake in Stratasys by 36.9% in the second quarter. Concourse Capital Management LLC now owns 27,306 shares of the company’s stock worth $625,000 after buying an additional 7,366 shares in the last quarter. 61.14% of the stock is currently owned by hedge funds and other institutional investors.

Stratasys Company Profile

Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.

5 Day Chart for NASDAQ:SSYS

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