In a report released today, Greg Palm from Craig-Hallum maintained a Sell rating on Proto Labs (PRLB – Research Report). The company’s shares closed yesterday at $33.15.
Palm covers the Industrials sector, focusing on stocks such as Ranpak Holdings, Skyline Champion, and Allied Motion Technologies. According to TipRanks, Palm has an average return of 10.1% and a 50.26% success rate on recommended stocks.
Proto Labs has an analyst consensus of Moderate Buy, with a price target consensus of $43.00.
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PRLB market cap is currently $868.6M and has a P/E ratio of -8.49.
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Proto Labs, Inc. engages in the digital 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.
