Gerresheimer (ETR:GXI) Given a €59.60 Price Target by JPMorgan Chase & Co. Analysts
Several other research analysts have also weighed in on the stock. Independent Research set a €69.00 ($80.23) price objective on shares of Gerresheimer and gave the stock a neutral rating in a report on Tuesday, November 26th. HSBC set a €85.00 ($98.84) target price on shares of Gerresheimer and gave the stock a buy rating in a research report on Monday, October 14th. Hauck & Aufhaeuser set a €50.00 ($58.14) target price on shares of Gerresheimer and gave the company a sell rating in a report on Tuesday, December 17th. Deutsche Bank set a €80.00 ($93.02) price target on shares of Gerresheimer and gave the stock a buy rating in a research report on Wednesday, November 20th. Finally, Credit Suisse Group set a €87.00 ($101.16) price target on shares of Gerresheimer and gave the stock a buy rating in a research note on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Gerresheimer presently has a consensus rating of Hold and a consensus target price of €73.07 ($84.96).
GXI opened at €71.95 ($83.66) on Tuesday. The company has a debt-to-equity ratio of 65.99, a current ratio of 0.81 and a quick ratio of 0.54. The stock has a market capitalization of $2.26 billion and a price-to-earnings ratio of 10.91. The business has a 50-day moving average of €69.09 and a two-hundred day moving average of €68.37. Gerresheimer has a 12 month low of €56.50 ($65.70) and a 12 month high of €74.80 ($86.98).
Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through three divisions; Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The Plastics & Devices division offers drug delivery systems, including inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for the 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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