Today, Zacks: Nano Dimension Ltd – (NASDAQ:NNDM) Given $12.67 Consensus Target Price by Brokerages

Today, Zacks: Nano Dimension Ltd – (NASDAQ:NNDM) Given $12.67 Consensus Target Price by Brokerages

Nano Dimension Ltd – (NASDAQ:NNDM) has earned an average broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy rating.

Analysts have set a 12-month consensus price objective of $12.67 for the company and are predicting that the company will post ($0.22) EPS for the current quarter, according to Zacks. Zacks has also given Nano Dimension Ltd – an industry rank of 249 out of 265 based on the ratings given to related companies.

Several analysts have issued reports on NNDM shares. Lake Street Capital started coverage on shares of Nano Dimension Ltd – in a research note on Tuesday, September 27th. They issued a “buy” rating and a $12.00 target price on the stock. Zacks Investment Research cut shares of Nano Dimension Ltd – from a “buy” rating to a “hold” rating in a research note on Tuesday, August 30th.

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Shares of Nano Dimension Ltd – (NASDAQ:NNDM) traded up 1.27% during trading on Thursday, hitting $7.20. 8,816 shares of the stock were exchanged. The stock’s 50 day moving average price is $7.44 and its 200 day moving average price is $7.34. Nano Dimension Ltd – has a 52 week low of $6.21 and a 52 week high of $9.40. The firm’s market capitalization is $55.32 million.

About Nano Dimension Ltd –

Nano Dimension Ltd is an Israel-based holding company active in the high technology sector. The Company has a 100% holding in Nano Dimension Technologies, a company that develops three dimensional (3D) printers for Printed Circuit Boards (PCBs), that is electronic circuits, and nano-technology inks. The inks are conductive nano-silver particle inks and insulating nano-polymer inks.

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