Gerresheimer AG (GXI) Rating Reiterated by DZ Bank AG

Gerresheimer AG (ETR:GXI)‘s stock had its “buy” rating reissued by equities researchers at DZ Bank AG in a research note issued to investors on Monday, July 17th.

A number of other research firms also recently weighed in on GXI. Hauck & Aufhaeuser set a €80.00 ($94.12) price target on shares of Gerresheimer AG and gave the stock a “neutral” rating in a research note on Friday, July 14th. Deutsche Bank AG set a €82.00 ($96.47) target price on shares of Gerresheimer AG and gave the company a “buy” rating in a research note on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €73.00 ($85.88) target price on shares of Gerresheimer AG and gave the company a “neutral” rating in a research note on Friday, July 14th. Kepler Capital Markets set a €70.00 ($82.35) target price on shares of Gerresheimer AG and gave the company a “sell” rating in a research note on Thursday, July 13th. Finally, Commerzbank Ag set a €73.00 ($85.88) target price on shares of Gerresheimer AG and gave the company a “neutral” rating in a research note on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €79.80 ($93.88).

Shares of Gerresheimer AG (ETR:GXI) traded up 1.58% during mid-day trading on Monday, reaching €69.39. The company’s stock had a trading volume of 60 shares. The firm has a 50-day moving average of €70.07 and a 200-day moving average of €72.89. The firm has a market capitalization of €2.18 billion and a PE ratio of 19.22. Gerresheimer AG has a 52 week low of €64.00 and a 52 week high of €79.47.

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About Gerresheimer AG

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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