Grammer (GMM) Given a €55.00 Price Target at Baader Bank

Baader Bank set a €55.00 ($65.48) target price on Grammer (ETR:GMM) in a research report sent to investors on Monday. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also weighed in on GMM. Oddo Bhf set a €52.00 ($61.90) target price on Grammer and gave the stock a neutral rating in a research report on Thursday, February 15th. Warburg Research set a €57.00 ($67.86) target price on Grammer and gave the stock a buy rating in a research report on Wednesday, March 21st. Finally, DZ Bank reaffirmed a neutral rating on shares of Grammer in a research report on Friday, March 23rd.

Shares of Grammer opened at €55.15 ($65.65) on Monday, according to MarketBeat Ratings. Grammer has a 1-year low of €40.60 ($48.33) and a 1-year high of €61.95 ($73.75).

About Grammer

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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