3D Systems (NYSE: DDD) was upgraded by Zacks Investment Research from a “neutral” rating to an “outperform” rating in a note issued to investors on Saturday.
Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of 3D Systems in a research note to investors on Friday, January 13rd. Analysts at Needham & Company reiterated a “buy” rating on shares of 3D Systems in a research note to investors on Wednesday, January 4th. Also, analysts at Piper Jaffray (NYSE: PJC) cut their price target on shares of 3D Systems to $12.00 in a research note to investors on Wednesday, December 28th.
3D Systems Corporation (3D Systems) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region. 3D Systems design, develop, manufacture, market and service a portfolio of three-dimensional (3D) printers and related products, print materials and services. It is a provider of 3D content-to-print solutions, including personal, professional and production 3D printers, print materials and custom parts services. These solutions are used to design, communicate, prototype and produce functional end-use parts. The Company’s principal print engines include stereolithography (SLA) printers, selective laser sintering (SLS) printers, multi-jet modeling (MJM) printers, film transfer imaging (FTI) printers, selective laser melting (SLM) printers and plastic jet printers (PJP). In April 2011, 3D Systems acquired SYCODE Software Solutions. In March 2011, the Company acquired Accelerated Technologies, Inc. In April 2011, it acquired Print3D Corp.
Shares of 3D Systems opened at 18.40 on Friday. 3D Systems has a one year low of $12.78 and a one year high of $27.28. The stock’s 50-day moving average is $15.68 and its 200-day moving average is $17.33. The company has a market cap of $929.9 million and a P/E ratio of 23.76.