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.
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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