Grammer (ETR:GMM) has been assigned a €60.00 ($69.77) price target by investment analysts at Baader Bank in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock. Baader Bank’s target price points to a potential upside of 69.01% from the stock’s current price.
Several other equities research analysts have also recently issued reports on the company. DZ Bank reiterated a “neutral” rating on shares of Grammer in a report on Friday, August 10th. Oddo Bhf set a €58.00 ($67.44) price objective on Grammer and gave the stock a “neutral” rating in a report on Tuesday, July 31st. Finally, Warburg Research set a €60.00 ($69.77) price objective on Grammer and gave the stock a “neutral” rating in a report on Monday, August 6th.
Shares of Grammer stock traded down €0.04 ($0.05) on Friday, hitting €35.50 ($41.28). The company’s stock had a trading volume of 2,502 shares, compared to its average volume of 18,134. Grammer has a 1 year low of €40.60 ($47.21) and a 1 year high of €61.95 ($72.03).
Grammer AG develops and manufactures components and systems for automotive interiors worldwide. It operates in two divisions, Automotive and Commercial Vehicles. The Automotive division supplies headrests, armrests, center consoles, and interior components and operating elements to carmakers and automotive system suppliers.
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