ExOne Receives a Hold from Canaccord Genuity

By Carrie Williams

Canaccord Genuity analyst Robert Burleson reiterated a Hold rating on ExOne (NASDAQ: XONE) yesterday and set a price target of $11. The company’s shares opened today at $10.40.

According to TipRanks.com, Burleson is a 5-star analyst with an average return of 10.9% and a 57.6% success rate. Burleson covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Integrated Device Tech, and Mitel Networks Corp.

ExOne has an analyst consensus of Moderate Buy, with a price target consensus of $14.50.

The company has a one year high of $16.15 and a one year low of $9.03. Currently, ExOne has an average volume of 143.9K.

Based on the recent corporate insider activity of 18 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 XONE in relation to earlier this year. Most recently, in December 2016, Bonnie Wachtel, a Director at XONE sold 1,250 shares for a total of $12,775.

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.

The ExOne Co. engages in the development, manufacture, and marketing of 3D printing machines. It offers 3D printing solutions to industrial customers in the aerospace, automotive, heavy equipment, energy, and oil & gas industries. The company was founded in 2005 and is headquartered in North Huntingdon, PA.