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Stifel Nicolaus Keeps Their Buy Rating on Shapeways Holdings (SHPW)

In a report released yesterday, Noelle Dilts from Stifel Nicolaus maintained a Buy rating on Shapeways Holdings (SHPWResearch Report), with a price target of $2.50. The company’s shares closed yesterday at $0.85.

Dilts covers the Industrial Goods sector, focusing on stocks such as Belden, Dycom, and Emcor Group. According to TipRanks, Dilts has an average return of 8.7% and a 50.00% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shapeways Holdings with a $2.56 average price target, representing a 201.18% upside. In a report released on August 15, Craig-Hallum also maintained a Buy rating on the stock with a $2.50 price target.

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The company has a one-year high of $12.81 and a one-year low of $0.82. Currently, Shapeways Holdings has an average volume of 193K.

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Galileo Acquisition Corp operates as a blank check company. The firm is formed under the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.

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