In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Shapeways Holdings (SHPW – Research Report). The company’s shares opened today at $4.50.
According to TipRanks, Palm is a 5-star analyst with an average return of 13.4% and a 52.91% success rate. Palm covers the Industrials sector, focusing on stocks such as Ranpak Holdings, Skyline Champion, and Cavco Industries.
Shapeways Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $7.20.
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SHPW market cap is currently $30.01M and has a P/E ratio of -1.28.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SHPW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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