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 objective by stock analysts at Baader Bank in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the stock.

GMM has been the topic of several other reports. 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 target on Grammer AG and gave the company a “buy” rating in a research report on Friday, July 21st.

Shares of Grammer AG (ETR GMM) opened at 41.64 on Thursday. Grammer AG has a 52-week low of €41.64 and a 52-week high of €61.61. The stock has a market capitalization of €468.08 million and a P/E ratio of 9.27. The firm’s 50-day moving average price is €47.93 and its 200-day moving average price is €52.87.

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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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