Zacks: Nano Dimension Ltd – (NNDM) Receives Consensus Rating of “Strong Buy” from Analysts
Nano Dimension Ltd – (NASDAQ:NNDM) has been given an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Analysts have set a 1-year consensus price objective of $12.67 for the company and are expecting that the company will post ($0.22) EPS for the current quarter, according to Zacks. Zacks has also assigned Nano Dimension Ltd – an industry rank of 249 out of 265 based on the ratings given to its competitors.
Several brokerages have issued reports on NNDM. Zacks Investment Research cut shares of Nano Dimension Ltd – from a “hold” rating to a “sell” rating in a research report on Friday, September 9th. Lake Street Capital began coverage on shares of Nano Dimension Ltd – in a research report on Tuesday, September 27th. They issued a “buy” rating and a $12.00 price target for the company.
Shares of Nano Dimension Ltd – (NASDAQ:NNDM) opened at 7.06 on Thursday. The company has a 50-day moving average of $7.46 and a 200 day moving average of $7.30. Nano Dimension Ltd – has a 52-week low of $6.21 and a 52-week high of $9.40. The company’s market capitalization is $54.25 million.
Nano Dimension Ltd – Company Profile
Nano Dimension Ltd is an Israel-based holding company active in the high technology sector. The Company has a 100% holding in Nano Dimension Technologies, a company that develops three dimensional (3D) printers for Printed Circuit Boards (PCBs), that is electronic circuits, and nano-technology inks. The inks are conductive nano-silver particle inks and insulating nano-polymer inks.
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