Grammer AG (ETR:GMM) PT Set at €55.00 by Baader Bank

Grammer AG (ETR:GMM) has been assigned a €55.00 ($64.71) price target by equities researchers at Baader Bank in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock.

Other equities analysts have also issued reports about the company. DZ Bank AG reiterated a “neutral” rating on shares of Grammer AG in a research report on Friday, May 26th. Warburg Research set a €59.00 ($69.41) price objective on Grammer AG and gave the company a “buy” rating in a research report on Wednesday.

Grammer AG (GMM) opened at 42.651 on Thursday. The firm has a market capitalization of €545.98 million and a PE ratio of 11.271. The firm has a 50 day moving average of €47.43 and a 200 day moving average of €52.74. Grammer AG has a one year low of €41.53 and a one year high of €61.61.

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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.

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