Berenberg Bank Reiterates “€40.00” Price Target for SLM Solutions Group (AM3D)
SLM Solutions Group (ETR:AM3D) received a €40.00 ($49.38) target price from Berenberg Bank in a research note issued on Monday. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential upside of 6.81% from the stock’s previous close.
A number of other research analysts have also commented on the company. HSBC set a €43.00 ($53.09) price objective on SLM Solutions Group and gave the company a “neutral” rating in a report on Tuesday, December 12th. Commerzbank set a €38.00 ($46.91) price objective on SLM Solutions Group and gave the company a “neutral” rating in a report on Monday, November 6th. Deutsche Bank set a €55.00 ($67.90) price objective on SLM Solutions Group and gave the company a “buy” rating in a report on Monday, November 27th. Finally, Oddo Bhf set a €35.00 ($43.21) price objective on SLM Solutions Group and gave the company a “neutral” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. SLM Solutions Group presently has an average rating of “Hold” and a consensus target price of €38.50 ($47.53).
Shares of SLM Solutions Group (ETR AM3D) opened at €37.45 ($46.23) on Monday. SLM Solutions Group has a one year low of €29.31 ($36.19) and a one year high of €49.75 ($61.42). The firm has a market capitalization of $681.47 and a PE ratio of -113.48.
About SLM Solutions Group
SLM Solutions Group AG provides metal-based additive manufacturing technology solutions in Germany and internationally. The company operates in two segments, Machine Sales and After Sales. The Machine Sales segment engages in the development, production, marketing, and sale of machines for selective laser melting.
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