SLM Solutions Group AG (AM3D) Given Consensus Recommendation of “Hold” by Brokerages
Shares of SLM Solutions Group AG (ETR:AM3D) have earned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is €31.42 ($37.40).
AM3D has been the subject of a number of research analyst reports. HSBC Holdings plc set a €43.00 ($51.19) price target on SLM Solutions Group AG and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Commerzbank Ag set a €24.00 ($28.57) price target on SLM Solutions Group AG and gave the stock a “sell” rating in a research note on Thursday, August 10th. Deutsche Bank AG set a €40.00 ($47.62) price target on SLM Solutions Group AG and gave the stock a “buy” rating in a research note on Monday, May 29th. Berenberg Bank set a €31.00 ($36.90) price target on SLM Solutions Group AG and gave the stock a “neutral” rating in a research note on Wednesday, August 23rd. Finally, equinet AG set a €27.50 ($32.74) price target on SLM Solutions Group AG and gave the stock a “sell” rating in a research note on Friday, August 4th.
SLM Solutions Group AG (AM3D) opened at 32.932 on Tuesday. SLM Solutions Group AG has a 1-year low of €28.10 and a 1-year high of €43.34. The stock’s 50 day moving average price is €32.90 and its 200 day moving average price is €36.73. The stock’s market capitalization is €592.12 million.
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About SLM Solutions Group AG
SLM Solutions Group AG is a Germany-based company active in the field of industrial design and rapid manufacturing. It is engaged in the development, production and distribution of selective laser melting systems (SLM), which create three-dimensional (3D) objects from metal powders. The system selectively melts layers of metal powders with a laser beam, based on computer aided design (CAD) data.
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