StockNews.com lowered shares of Proto Labs (NYSE:PRLB – Get Rating) from a buy rating to a hold rating in a report published on Monday morning.
A number of other analysts also recently issued reports on PRLB. Lake Street Capital lifted their price target on Proto Labs from $37.50 to $40.00 in a research report on Monday, February 13th. Benchmark upgraded Proto Labs from a hold rating to a buy rating and set a $45.00 target price for the company in a research report on Monday, February 13th. Craig Hallum boosted their target price on Proto Labs from $20.00 to $25.00 and gave the stock a sell rating in a research report on Monday, February 13th. Finally, TheStreet downgraded Proto Labs from a c- rating to a d rating in a research report on Friday, February 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $36.67.
Proto Labs Trading Down 2.9 %
Shares of PRLB opened at $31.76 on Monday. The company has a market cap of $847.36 million, a PE ratio of -8.31 and a beta of 1.16. The stock has a 50-day moving average price of $30.53 and a 200-day moving average price of $31.52. Proto Labs has a 12-month low of $22.04 and a 12-month high of $56.68.
Institutional Trading of Proto Labs
About Proto Labs
Proto Labs, Inc engages in the manufacture of custom prototypes and production parts. It offers 3D printing, CNC machining, and injection molding services. The company was founded by Lawrence J. Lukis and Gregg Bloom on May 5, 1999 and is headquartered in Maple Plain, MN.
- Get a free copy of the StockNews.com research report on Proto Labs (PRLB)
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