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Rofin-Sinar Technologies (NASDAQ:RSTI) has been downgraded to Hold in a report by Zacks Investment Research today.

Yesterday Rofin-Sinar Technologies (NASDAQ:RSTI) traded 0.31% higher at $32.15. The company’s 50-day moving average is $32.16 and its 200-day average is $32.00. With the last close up 1.10% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was up over the average, with 124,824 shares of RSTI changing hands over the typical 122,002

Zacks Investment Research has downgraded Rofin-Sinar Technologies (NASDAQ:RSTI) to Hold in a report released on 10/12/2016.

On 09/01/2016, Zacks Investment Research released a statement about Rofin-Sinar Technologies (NASDAQ:RSTI) increased the target price from $0.00 to $36.00. At the time, this indicated a possible upside of 0.12%.

Performance Chart

Rofin-Sinar Technologies (NASDAQ:RSTI)

With a market cap of $0, Rofin-Sinar Technologies has one year low of $19.02 and a one year high of $32.50 with a PE ratio of 27.70 .

In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a report on the stock. The 12-month price target is $31.67 with two equity analysts rating the company a strong buy, one analyst rating the stock a buy, 2 brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally zero analysts rating the company a sell.

General Company Details For Rofin-Sinar Technologies (NASDAQ:RSTI)

ROFIN-SINAR Technologies Inc. is engaged in the design, development, engineering, manufacturing and marketing of laser sources and laser-based system solutions for industrial material processing applications, which include primarily cutting, welding and marking a range of materials. The Company offers a range of laser components. Its Laser macro products offering consists of laser products, which are produced and marketed under the brand names, including ROFIN, PRC, NELC, Nufern and DILAS. Its family of laser products for marking applications includes PowerLine, PowerLine Pico, MultiScan VS/HE and LabelMarker Series. Its laser micro product offering consists of laser products, which are marketed under the ROFIN, DILAS, Corelase and Lee Laser brand names.

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