Grammer AG (ETR:GMM) received a €55.00 ($64.71) target price from stock analysts at Baader Bank in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock.

A number of other analysts also recently commented on the company. Warburg Research set a €59.00 ($69.41) target price on Grammer AG and gave the stock a “buy” rating in a research report on Wednesday. DZ Bank AG reiterated a “buy” rating on shares of Grammer AG in a research report on Wednesday.

Shares of Grammer AG (ETR GMM) opened at 41.64 on Thursday. The stock has a market cap of €468.08 million and a P/E ratio of 9.27. The stock’s 50 day moving average is €47.93 and its 200-day moving average is €52.87. Grammer AG has a one year low of €41.64 and a one year high of €61.61.

TRADEMARK VIOLATION WARNING: “Grammer AG (GMM) PT Set at €55.00 by Baader Bank” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/10/grammer-ag-gmm-pt-set-at-55-00-by-baader-bank.html.

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.

Receive News & Stock Ratings for Grammer AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grammer AG and related stocks with our FREE daily email newsletter.