William Blair has downgraded Electronics for Imaging (NDAQ:EFII) from Outperform to Mkt Perform in a statement released on Friday October 27, 2017.

On Tuesday September 12, 2017, Needham released a statement on Electronics for Imaging (NDAQ:EFII) raised the target price from $45.00 to $48.00 that suggested an upside of 0.16%.

Showing a price of $29.36, Electronics for Imaging (NDAQ:EFII) traded -31.02% lower on the day. The last stock price is down -33.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the date range. Electronics for Imaging has recorded a 50-day average of $41.83 and a 200-day moving average of $43.92. 3,603,186 shares of Electronics for Imaging exchanged hands, up from an avg. volume of 1,060,700

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Electronics for Imaging has PE ratio of 30.11 with a one year low of $25.54 and a one year high of $51.15 and has a total market value of $0.

A total of 8 firms have reported on the company. 5 brokerages rating the stock a strong buy, 2 brokers rating the stock a buy, 1 analyst rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $54.25.

More About Electronics for Imaging (NDAQ:EFII)

Electronics For Imaging, Inc. is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services. The Productivity Software segment consists of a software suite that enables automated end-to-end business and production workflows for the print and packaging industry. The Fiery segment consists of digital front ends that transform digital copiers and printers into networked printing devices for the office, industrial and commercial printing markets.

The post Electronics for Imaging (NDAQ:EFII) has been downgraded from Outperform to Mkt Perform in a report by William Blair today. appeared first on Octafinance.