Oddo Bhf Reiterates €52.00 Price Target for Grammer (GMM)
Grammer (ETR:GMM) received a €52.00 ($64.20) price target from equities research analysts at Oddo Bhf in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Oddo Bhf’s price target indicates a potential upside of 5.65% from the stock’s current price.
Several other research firms also recently weighed in on GMM. Baader Bank set a €55.00 ($67.90) price objective on Grammer and gave the company a “neutral” rating in a report on Tuesday, November 7th. DZ Bank reaffirmed a “neutral” rating on shares of Grammer in a report on Wednesday, October 18th.
Shares of Grammer (ETR:GMM) opened at €49.22 ($60.77) on Thursday. Grammer has a twelve month low of €40.60 ($50.12) and a twelve month high of €61.95 ($76.48). The firm has a market capitalization of $620.52 and a price-to-earnings ratio of 13.41.
Grammer Company Profile
GRAMMER Aktiengesellschaft develops and manufactures components and systems for automotive interiors worldwide. Its Seating Systems division operates as a tier 1 and aftermarket supplier of seat units and seating systems. This division offers driver and passenger seats for agriculture and construction vehicles, forklifts, trucks, buses, and trains, as well as to railway transport OEMs, rail operators, and bus manufacturers.
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