In a report released today, Nicholas Jones CFA from JMP Securities maintained a Buy rating on Xometry (XMTR – Research Report), with a price target of $42.00. The company’s shares closed last Friday at $35.67.
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Jones CFA covers the Consumer Cyclical sector, focusing on stocks such as Amazon, Chewy, and Booking Holdings. According to TipRanks, Jones CFA has an average return of 30.9% and a 57.76% success rate on recommended stocks.
Xometry has an analyst consensus of Moderate Buy, with a price target consensus of $44.20.
XMTR market cap is currently $1.77B and has a P/E ratio of -34.01.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XMTR in relation to earlier this year.
Read More on XMTR:
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