Were Analysts Bullish Materialise NV (NASDAQ:MTLS) This Week?

February 15, 2018 - By Hazel Jackson

 Were Analysts Bullish Materialise NV (NASDAQ:MTLS) This Week?

Materialise NV (NASDAQ:MTLS) Ratings Coverage

Among 4 analysts covering Materialise NV (NASDAQ:MTLS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Materialise NV had 5 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, November 9 with “Buy”. The firm has “Buy” rating given on Friday, October 13 by Piper Jaffray. FBR Capital initiated the stock with “Mkt Perform” rating in Tuesday, May 24 report. Credit Suisse maintained Materialise NV (NASDAQ:MTLS) rating on Friday, August 11. Credit Suisse has “Outperform” rating and $14 target. Below is a list of Materialise NV (NASDAQ:MTLS) latest ratings and price target changes.

09/11/2017 Broker: Piper Jaffray Rating: Buy New Target: $19.0 Maintain
13/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $20.0 Maintain

The stock increased 0.84% or $0.1 during the last trading session, reaching $12. About 63,256 shares traded. Materialise NV (NASDAQ:MTLS) has risen 87.96% since February 15, 2017 and is uptrending. It has outperformed by 71.26% the S&P500.

Materialise NV provides additive manufacturing software and 3D printing services in Europe, the Americas, and Asia. The company has market cap of $567.91 million. The companyÂ’s Materialise Software segment offers proprietary software worldwide through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations. It currently has negative earnings. The Company’s software interfaces between various types of 3D printers, and various software applications and capturing technologies, including computer-aided design packages and 3D scanners.

More notable recent Materialise NV (NASDAQ:MTLS) news were published by: Marketwatch.com which released: “Materialise NV ADR” on March 06, 2016, also Quotes.Wsj.com with their article: “Materialise NV ADR MTLS (US: Nasdaq)” published on June 21, 2014, Benzinga.com published: “3D Printing Stocks Are Exploding, But The Best Trade Isn’t Stratasys, 3D …” on March 03, 2016. More interesting news about Materialise NV (NASDAQ:MTLS) were released by: Benzinga.com and their article: “Wall Street’s M&A Chatter From October 4: SeaWorld, A Schulman, Materialise-ACTech” published on October 05, 2017 as well as Fool.com‘s news article titled: “3D Printing Stocks: The Business Case for Materialise NV (ADR)” with publication date: February 09, 2015.

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