Brokerages Set SLM Solutions Group AG (AM3D) PT at $38.00

SLM Solutions Group AG (ETR:AM3D) has been assigned a consensus rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is €38.00 ($46.91).

AM3D has been the subject of several analyst reports. Deutsche Bank set a €55.00 ($67.90) price objective on SLM Solutions Group and gave the company a “buy” rating in a research note on Friday, February 2nd. HSBC set a €43.00 ($53.09) price target on SLM Solutions Group and gave the stock a “neutral” rating in a research note on Tuesday, December 12th. Commerzbank set a €38.00 ($46.91) price target on SLM Solutions Group and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. Berenberg Bank set a €40.00 ($49.38) price target on SLM Solutions Group and gave the stock a “neutral” rating in a research note on Monday, February 5th. Finally, equinet set a €24.00 ($29.63) price target on SLM Solutions Group and gave the stock a “sell” rating in a research note on Friday, March 2nd.

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SLM Solutions Group (ETR:AM3D) traded up €1.20 ($1.48) during trading hours on Tuesday, hitting €33.75 ($41.67). The stock had a trading volume of 42,376 shares, compared to its average volume of 48,489. The company has a market cap of $605.96 and a price-to-earnings ratio of -102.27. SLM Solutions Group has a 1-year low of €29.31 ($36.19) and a 1-year high of €49.75 ($61.42).

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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.

Analyst Recommendations for SLM Solutions Group (ETR:AM3D)

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