Desktop Metal – Consensus Rating is ‘Buy’

Desktop Metal – Consensus Rating is ‘Buy’

Desktop Metal with ticker code (DM) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 34 and 11 with a mean TP of 22.6. Now with the previous closing price of 13.68 this would imply there is a potential upside of 65.2%. There is a 50 day moving average of 15.23 and the 200 moving average now moves to 17.48. The company has a market capitalisation of $3,197m.
Desktop Metal manufactures and sells additive manufacturing solutions for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a turnkey binder jetting platform for machine and job shops; Studio System, an office metal 3D printing system; and Fiber, a desktop 3D printer. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts

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  • Desktop Metal – Consensus Rating is ‘Buy’
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