Gerresheimer AG (GXI) Given a €80.00 Price Target by Credit Suisse Group Analysts
Several other research analysts also recently commented on the stock. Berenberg Bank set a €75.00 ($88.24) price target on shares of Gerresheimer AG and gave the company a buy rating in a report on Monday, September 4th. Independent Research GmbH set a €78.00 ($91.76) price target on shares of Gerresheimer AG and gave the company a neutral rating in a report on Wednesday, July 19th. DZ Bank AG reissued a buy rating on shares of Gerresheimer AG in a report on Monday, July 17th. J P Morgan Chase & Co set a €99.40 ($116.94) price target on shares of Gerresheimer AG and gave the company a buy rating in a report on Thursday, August 31st. Finally, Deutsche Bank AG set a €62.00 ($72.94) price target on shares of Gerresheimer AG and gave the company a neutral rating in a report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €72.94 ($85.81).
Gerresheimer AG (ETR GXI) opened at 66.482 on Tuesday. The firm’s 50-day moving average is €65.42 and its 200 day moving average is €70.49. Gerresheimer AG has a 12 month low of €59.97 and a 12 month high of €79.47. The firm has a market capitalization of €2.09 billion and a P/E ratio of 18.416.
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Gerresheimer AG Company Profile
Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through two divisions, Plastics & Devices, and Primary Packaging Glass. The Plastics & Devices division offers drug delivery systems, such as inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines, and catheters and surgical devices.
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