Stabilus (STM) Given a €80.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €80.00 ($93.02) target price on Stabilus (ETR:STM) in a report issued on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on STM. Kepler Capital Markets set a €68.00 ($79.07) price objective on shares of Stabilus and gave the stock a neutral rating in a report on Monday, August 6th. Credit Suisse Group set a €81.00 ($94.19) price objective on shares of Stabilus and gave the stock a neutral rating in a report on Tuesday, August 7th. Warburg Research set a €72.00 ($83.72) price objective on shares of Stabilus and gave the stock a neutral rating in a report on Monday. JPMorgan Chase & Co. set a €85.00 ($98.84) price objective on shares of Stabilus and gave the stock a neutral rating in a report on Friday, November 16th. Finally, equinet set a €80.00 ($93.02) price objective on shares of Stabilus and gave the stock a buy rating in a report on Monday. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €73.75 ($85.76).

STM stock traded up €0.30 ($0.35) during midday trading on Thursday, reaching €63.15 ($73.43). 20,428 shares of the company’s stock traded hands, compared to its average volume of 36,533. Stabilus has a 1-year low of €55.47 ($64.50) and a 1-year high of €83.10 ($96.63).

About Stabilus

Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives, and CAD-configurators, as well as services and spare parts.

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Analyst Recommendations for Stabilus (ETR:STM)

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