Gerresheimer AG (GXI) PT Set at €73.00 by Goldman Sachs Group, Inc. (The)

Gerresheimer AG (ETR:GXI) has been assigned a €73.00 ($83.91) target price by research analysts at Goldman Sachs Group, Inc. (The) in a report released on Friday. The firm presently has a “neutral” rating on the stock.

GXI has been the topic of a number of other research reports. Berenberg Bank set a €85.00 ($97.70) price target on Gerresheimer AG and gave the company a “buy” rating in a research note on Wednesday, May 24th. J P Morgan Chase & Co set a €99.80 ($114.71) price objective on Gerresheimer AG and gave the stock a “buy” rating in a research report on Wednesday, May 31st. Commerzbank Ag set a €73.00 ($83.91) price objective on Gerresheimer AG and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Deutsche Bank AG set a €82.00 ($94.25) price objective on Gerresheimer AG and gave the stock a “buy” rating in a research report on Friday, July 7th. Finally, DZ Bank AG reiterated a “neutral” rating on shares of Gerresheimer AG in a research report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Gerresheimer AG has an average rating of “Hold” and an average target price of €80.06 ($92.02).

Gerresheimer AG (ETR:GXI) opened at 71.471 on Friday. Gerresheimer AG has a 12 month low of €64.00 and a 12 month high of €79.47. The company’s 50-day moving average is €74.42 and its 200-day moving average is €73.18. The company has a market cap of €2.24 billion and a price-to-earnings ratio of 19.028.

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About Gerresheimer AG

Gerresheimer AG is a Germany-based company that is active in the pharmaceuticals and health care industry. It operates through two business segments: Plastics and Devices, and Primary Packaging Glass. The Plastics and Devices segment produces standard and customized products for drug delivery, such as insulin pens, inhalers, and prefillable syrings.

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