Stratasys Ltd. (SSYS) : Analyst Rating Update

Stratasys Ltd. (SSYS) : The consensus on Stratasys Ltd. (SSYS) based on 15 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Stratasys Ltd. (SSYS).

Stratasys Ltd. (SSYS) stock is expected to deviate a maximum of $4.9 from the average target price of $26.64 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $35 and the most muted being $19.

Stratasys Ltd. (NASDAQ:SSYS): The stock opened at $22.08 on Wednesday but the bulls could not build on the opening and the stock topped out at $22.37 for the day. The stock traded down to $21.71 during the day, due to lack of any buying support eventually closed down at $22.04 with a loss of -1.34% for the day. The stock had closed at $22.34 on the previous day. The total traded volume was 821,357 shares.

Also, FBR Capital initiates coverage on Stratasys Ltd. (NASDAQ:SSYS). The shares have now been rated Outperform by the stock experts at the ratings house. The rating by the firm was issued on May 24, 2016. The company shares have dropped -34.35% from its 1 Year high price. On Jul 28, 2015, the shares registered one year high at $39.45 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $21.96 and the 200 Day Moving Average price is recorded at $22.12.

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