In a report released today, Ilya Grozovsky from National Securities Corp maintained a Buy rating on Nano Dimension (NNDM), with a price target of $7. The company’s shares opened today at $1.92.
According to TipRanks.com, Grozovsky is a 3-star analyst with an average return of 2.9% and a 53.4% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Digital Turbine Inc, Mitek Systems Inc, and Datawatch Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nano Dimension with a $4.90 average price target, a 155.2% upside from current levels. In a report issued on November 5, Canaccord Genuity also reiterated a Buy rating on the stock with a $2.80 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $4.40 and a one-year low of $1.21. Currently, Nano Dimension has an average volume of 101K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
