SLM Solutions Group AG (AM3D) Receives €37.08 Consensus Target Price from Analysts
SLM Solutions Group AG (ETR:AM3D) has been given a consensus rating of “Hold” by the six brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €37.08 ($44.15).
A number of research firms have recently issued reports on AM3D. Deutsche Bank set a €40.00 ($47.62) price target on SLM Solutions Group and gave the company a “buy” rating in a research report on Tuesday, November 7th. Commerzbank set a €38.00 ($45.24) price objective on SLM Solutions Group and gave the stock a “neutral” rating in a research report on Wednesday, November 15th. Oddo Bhf set a €35.00 ($41.67) price objective on SLM Solutions Group and gave the stock a “neutral” rating in a research report on Friday, November 10th. Berenberg Bank set a €36.00 ($42.86) price objective on SLM Solutions Group and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, set a €31.00 ($36.90) price target on SLM Solutions Group and gave the stock a “neutral” rating in a research note on Monday, August 14th.
Shares of SLM Solutions Group (AM3D) traded down €1.82 ($2.17) during trading on Friday, hitting €45.49 ($54.15). 37,310 shares of the stock were exchanged, compared to its average volume of 58,876. SLM Solutions Group has a 1-year low of €29.31 ($34.89) and a 1-year high of €49.00 ($58.33).
About SLM Solutions Group
SLM Solutions Group AG provides metal-based additive manufacturing technology solutions in Germany and internationally. The company operates in two segments, Machine Sales and After Sales. The Machine Sales segment engages in the development, production, marketing, and sale of machines for selective laser melting.
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