Jefferies Starts Proto Labs (PRLB) at Hold

June 29, 2012 6:55 AM EDT Send to a Friend
Get Alerts PRLB Hot Sheet
Price: $69.37 --0%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 10
Trade PRLB Now!
Join SI Premium – FREE
Jefferies assumes coverage on Proto Labs (NYSE: PRLB) with a Hold. PT $32.00 (from $27.00).

The firm comments, "Proto Labs' offers the most automated, timely, and usable service in the highly fragmented and generally low-tech and low-margin rapid injection molding and CNC machining industry. We believe PRLB's model is leveragable, global, and extremely difficult to duplicate; however, we also believe that the stock is already pricing in much of this by trading at 4.0x EV/Sales, 12x EV/EBITDA, and 25x P/E based on consensus 2013 estimates."

For an analyst ratings summary and ratings history on Proto Labs click here. For more ratings news on Proto Labs click here.

Shares of Proto Labs closed at $29.39 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

Jefferies & Co

Add Your Comment