Piper Jaffray Companies restated their buy rating on shares of voxeljet AG (NYSE:VJET) in a research report sent to investors on Thursday morning. The firm currently has a $8.00 target price on the technology company’s stock.

A number of other research analysts have also commented on VJET. ValuEngine lowered shares of voxeljet AG from a hold rating to a sell rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of voxeljet AG from a sell rating to a hold rating and set a $6.25 price target for the company in a research report on Wednesday, June 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $6.06.

Shares of voxeljet AG (NYSE VJET) opened at 5.42 on Thursday. voxeljet AG has a 1-year low of $2.61 and a 1-year high of $6.37. The firm’s 50-day moving average price is $4.12 and its 200 day moving average price is $4.05. The company’s market capitalization is $100.81 million.

voxeljet AG (NYSE:VJET) last released its quarterly earnings results on Monday, August 14th. The technology company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.06). The firm had revenue of $5.66 million for the quarter. voxeljet AG had a negative net margin of 55.57% and a negative return on equity of 22.77%. Equities analysts predict that voxeljet AG will post ($0.35) EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently bought and sold shares of VJET. Trent Capital Management Inc. NC bought a new stake in shares of voxeljet AG during the 2nd quarter worth $143,000. Symmetry Peak Management LLC bought a new stake in shares of voxeljet AG during the 2nd quarter worth $146,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of voxeljet AG by 24.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock worth $205,000 after acquiring an additional 9,308 shares during the last quarter. 3.27% of the stock is owned by institutional investors.

About voxeljet AG

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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