DZ Bank AG restated their buy rating on shares of Grammer AG (ETR:GMM) in a research report released on Wednesday morning.

Several other equities research analysts have also recently issued reports on the stock. Warburg Research set a €59.00 ($69.41) target price on shares of Grammer AG and gave the stock a buy rating in a research report on Friday, July 21st. Baader Bank set a €55.00 ($64.71) target price on shares of Grammer AG and gave the stock a neutral rating in a research report on Monday, May 29th.

Shares of Grammer AG (ETR:GMM) traded up 1.10% during trading on Wednesday, hitting €48.75. 54 shares of the stock traded hands. The firm has a market cap of €548.00 million and a PE ratio of 10.85. The company’s 50 day moving average is €48.31 and its 200 day moving average is €52.88. Grammer AG has a 52-week low of €43.69 and a 52-week high of €61.61.

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Grammer AG Company Profile

GRAMMER AG is a Germany-based company that is active in the automobiles and auto parts sector. The Company develops and manufactures components and systems for automobile interiors, as well as driver and passenger seats. It is organized into two business segments: Automotive and Seating Systems. The Automotive segment supplies headrests, armrests, and center consoles, and the Seating Systems segment provides driver seats for trucks and off-road vehicles, including tractors and agricultural machinery, construction machinery and fork-lifts, as well as driver and passenger seating solutions for trains, coaches and inter-urban buses.

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