In a report issued on November 15, Jonathan Dorsheimer from Canaccord Genuity reiterated a Buy rating on Nano Dimension (NNDM), with a price target of $2. The company’s shares closed yesterday at $1.90.
According to TipRanks.com, Dorsheimer ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.3% and a 41.1% success rate. Dorsheimer covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Maxwell Technologies, and 3D Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nano Dimension with a $4.90 average price target, which is a 157.9% upside from current levels. In a report released yesterday, National Securities Corp also maintained a Buy rating on the stock with a $7 price target.
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The company has a one-year high of $4.31 and a one-year low of $1.21. Currently, Nano Dimension has an average volume of 99.03K.
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Nano Dimension Ltd. engages in the development, manufacture and commercialization of proprietary 3D, printers and inks. Its products consist of two main product lines-Dragonfly 2020 3D printer and proprietary ink products. The company was founded in 2012 and headquartered in Ness Ziona, Israel.
