Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on 3D Systems (NYSE: DDD) and Cubic (NYSE: CUB).
3D Systems (NYSE: DDD)
Canaccord Genuity analyst Robert Burleson maintained a Hold rating on 3D Systems (NYSE: DDD) yesterday and set a price target of $11. The company’s shares opened today at $9.31, close to its 52-week low of $7.92.
According to TipRanks.com, Burleson is a 5-star analyst with an average return of 11.9% and a 57.2% success rate. Burleson covers the Consumer Goods sector, focusing on stocks such as Ipg Photonics Corp, Faro Technologies, and Cognex Corp.
Currently, the analyst consensus on 3D Systems is Moderate Sell and the average price target is $10.60, representing a 13.9% upside.
In a report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $10 price target.
See today’s analyst top recommended stocks >>
Cubic (NYSE: CUB)
Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on Cubic (NYSE: CUB) yesterday and set a price target of $72. The company’s shares opened today at $63.50, close to its 52-week high of $67.20.
According to TipRanks.com, Herbert is a 5-star analyst with an average return of 10.8% and a 60.2% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Spirit AeroSystems, and Rockwell Collins.
Currently, the analyst consensus on Cubic is Strong Buy and the average price target is $68.67, representing an 8.1% upside.
In a report issued on April 20, Needham also maintained a Buy rating on the stock with a $70 price target.
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