Materialise NV’s (NASDAQ:MTLS) “Buy” Rating Reaffirmed at KeyCorp

KeyCorp reissued their buy rating on shares of Materialise NV (NASDAQ:MTLS) in a research note issued to investors on Friday, November 10th. KeyCorp currently has a $18.00 target price on the software maker’s stock.

Several other analysts have also recently commented on MTLS. Zacks Investment Research raised Materialise NV from a hold rating to a buy rating and set a $15.00 target price for the company in a research report on Friday, September 1st. Piper Jaffray Companies reissued a buy rating and set a $20.00 price objective on shares of Materialise NV in a research report on Friday, October 13th. Finally, Credit Suisse Group lifted their price objective on Materialise NV from $13.00 to $14.00 and gave the company an outperform rating in a research report on Friday, August 11th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of Buy and an average target price of $15.40.

Materialise NV (NASDAQ:MTLS) opened at $14.50 on Friday. Materialise NV has a 1 year low of $7.25 and a 1 year high of $16.50. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.69 and a current ratio of 1.86.

COPYRIGHT VIOLATION NOTICE: “Materialise NV’s (NASDAQ:MTLS) “Buy” Rating Reaffirmed at KeyCorp” was reported by BBNS and is the sole property of of BBNS. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://baseballnewssource.com/markets/materialise-nv-mtls-receives-buy-rating-from-keycorp/1773714.html.

Several institutional investors and hedge funds have recently made changes to their positions in the company. LA Financiere DE L Echiquier boosted its holdings in shares of Materialise NV by 104.5% in the 3rd quarter. LA Financiere DE L Echiquier now owns 641,738 shares of the software maker’s stock worth $9,344,000 after acquiring an additional 327,966 shares in the last quarter. Royce & Associates LP raised its position in shares of Materialise NV by 3.3% during the 2nd quarter. Royce & Associates LP now owns 453,577 shares of the software maker’s stock valued at $5,384,000 after acquiring an additional 14,577 shares during the last quarter. Ark Investment Management LLC raised its position in shares of Materialise NV by 62.3% during the 2nd quarter. Ark Investment Management LLC now owns 269,748 shares of the software maker’s stock valued at $3,202,000 after acquiring an additional 103,542 shares during the last quarter. Columbus Circle Investors raised its position in shares of Materialise NV by 38.6% during the 3rd quarter. Columbus Circle Investors now owns 235,193 shares of the software maker’s stock valued at $3,424,000 after acquiring an additional 65,499 shares during the last quarter. Finally, K.J. Harrison & Partners Inc raised its position in shares of Materialise NV by 57.0% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 181,782 shares of the software maker’s stock valued at $2,158,000 after acquiring an additional 66,000 shares during the last quarter. 12.80% of the stock is currently owned by institutional investors and hedge funds.

Materialise NV Company Profile

Materialise NV is a Belgium-based company engaged in the software industry. The Company is a provider of additive manufacturing software and of three dimensional (3D) printing services. Materialise NV incorporates of 3D printing experience into a range of software solution and 3D printing services, through which the Company seeks to form the backbone of the 3D printing industry.

Receive News & Ratings for Materialise NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materialise NV and related companies with our FREE daily email newsletter.

 


Latest News

Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts


Leave a Reply

 
© 2006-2017 BBNS.