Berenberg Bank Analysts Give Stabilus (ETR:STM) a €69.00 Price Target

Stabilus (ETR:STM) has been given a €69.00 ($80.23) price target by equities researchers at Berenberg Bank in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 88.11% from the company’s current price.

A number of other brokerages also recently issued reports on STM. Kepler Capital Markets set a €40.00 ($46.51) price target on Stabilus and gave the company a “sell” rating in a report on Tuesday, April 2nd. Hauck & Aufhaeuser set a €66.00 ($76.74) price target on Stabilus and gave the company a “buy” rating in a report on Monday, May 6th. Credit Suisse Group set a €55.00 ($63.95) price target on Stabilus and gave the company a “neutral” rating in a report on Tuesday, May 7th. JPMorgan Chase & Co. set a €61.00 ($70.93) price target on Stabilus and gave the company a “neutral” rating in a report on Monday, May 6th. Finally, Warburg Research set a €54.00 ($62.79) price target on Stabilus and gave the company a “neutral” rating in a report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. Stabilus presently has a consensus rating of “Hold” and a consensus price target of €61.88 ($71.95).

Shares of ETR:STM opened at €36.68 ($42.65) on Friday. Stabilus has a 12-month low of €36.54 ($42.49) and a 12-month high of €89.35 ($103.90). The firm has a market capitalization of $909.09 million and a PE ratio of 9.42. The company has a current ratio of 2.48, a quick ratio of 1.73 and a debt-to-equity ratio of 72.08.

About Stabilus

Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, the Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts.

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Analyst Recommendations for Stabilus (ETR:STM)

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