Needham analyst James Ricchiuti maintained a Hold rating on Proto Labs (PRLB) today. The company’s shares closed last Tuesday at $125.48.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 14.8% and a 62.4% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Proto Labs with a $122.50 average price target.
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Proto Labs’ market cap is currently $3.67B and has a P/E ratio of 56.50. The company has a Price to Book ratio of 7.81.
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Proto Labs, Inc. engages in the digital manufacture of custom prototypes and production parts. It offers 3D printing, CNC machining, and injection molding services. The company was founded by Lawrence J. Lukis and Gregg Bloom on May 5, 1999 and is headquartered in Maple Plain, MN.
