Research analysts at Lake Street Capital began coverage on shares of Nano Dimension Ltd – (NASDAQ:NNDM) in a report issued on Tuesday. The brokerage set a “buy” rating and a $12.00 price target on the stock. Lake Street Capital’s price objective would indicate a potential upside of 58.94% from the stock’s current price.
Separately, Zacks Investment Research upgraded shares of Nano Dimension Ltd – from a “sell” rating to a “hold” rating in a research report on Wednesday, July 6th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $12.50.
Nano Dimension Ltd – (NASDAQ:NNDM) traded up 3.18% during midday trading on Tuesday, reaching $7.79. 34,178 shares of the company’s stock were exchanged. Nano Dimension Ltd – has a 12-month low of $6.21 and a 12-month high of $9.40. The stock’s 50-day moving average is $7.37 and its 200-day moving average is $7.35. The stock’s market capitalization is $58.66 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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