Electronics For Imaging (NASDAQ:EFII) was downgraded by Loop Capital from a “buy” rating to a “hold” rating in a report released on Tuesday, April 16th, MarketBeat reports. They presently have a $37.00 price objective on the technology company’s stock, up from their previous price objective of $35.00. Loop Capital’s price target would suggest a potential downside of 0.27% from the company’s previous close.
EFII has been the topic of several other reports. Needham & Company LLC lowered shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Zacks Investment Research downgraded shares of Electronics For Imaging from a “hold” rating to a “strong sell” rating in a research report on Monday, January 21st. BidaskClub upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Saturday, January 12th. Citigroup reduced their target price on shares of Electronics For Imaging to $32.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. Finally, Wells Fargo & Co reduced their target price on shares of Electronics For Imaging from $32.00 to $26.00 and set a “market perform” rating for the company in a research note on Wednesday, January 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $31.69.
EFII stock traded up $0.14 during mid-day trading on Tuesday, hitting $37.10. The stock had a trading volume of 700,436 shares, compared to its average volume of 1,407,809. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.20. Electronics For Imaging has a 52 week low of $19.76 and a 52 week high of $38.33. The firm has a market cap of $1.59 billion, a P/E ratio of -1,855.00 and a beta of 1.26.
About Electronics For Imaging
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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