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Analysts’ Opinions Are Mixed on These Technology Stocks: Meyer Burger Technology AG (OtherMYBUF) and Altium (OtherALMFF)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Meyer Burger Technology AG (MYBUFResearch Report) and Altium (ALMFFResearch Report).

Meyer Burger Technology AG (MYBUF)

In a report released today, Ajay Patel from Goldman Sachs maintained a Buy rating on Meyer Burger Technology AG. The company’s shares closed last Friday at $0.70.

According to TipRanks.com, Patel is ranked #4170 out of 8528 analysts.

Currently, the analyst consensus on Meyer Burger Technology AG is a Moderate Buy with an average price target of $0.69.

See Insiders’ Hot Stocks on TipRanks >>

Altium (ALMFF)

In a report released today, Kane Hannan from Goldman Sachs maintained a Hold rating on Altium. The company’s shares closed last Wednesday at $24.15.

According to TipRanks.com, Hannan is a 4-star analyst with an average return of 11.1% and a 61.2% success rate. Hannan covers the Technology sector, focusing on stocks such as Wisetech Global Ltd., Nextdc Limited, and Megaport Ltd.

The word on The Street in general, suggests a Hold analyst consensus rating for Altium with a $25.00 average price target, a 3.5% upside from current levels. In a report issued on July 13, RBC Capital also downgraded the stock to Hold with a A$40.00 price target.

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