Cimatron, Autodesk surge; SA contributor praises 3D printing opportunities

|About: Cimatron, Limited (CIMT)|By:, SA News Editor

SA contributor 3D Analytics assigns Cimatron (CIMT +8.9%) a $14.75/share valuation (more than 2x current levels) on account of the CAD/CAM software vendor's 3D printing opportunities, as well as the multiples attached to recent industry deals.

3D analytics notes Cimatron plans to launch a 3D printing-focused product in mid-2014 (a cooling simulation tool meant to shorter design times), and that Terry Wohlers (head of 3D printing research firm Wohlers Associates) was added to the company's board this year.

The author also sees the price tags attached to two recent industry deals - Autodesk/Delcam and Dassault/Realtime Technology - reflecting favorably on Cimatron, and views a bid for Cimatron by a bigger software firm as plausible.

CAD/CAM software giant Autodesk (ADSK +5.6%) is also up sharply; shares are making new 52-week highs.