Baader Bank Analysts Give Grammer (GMM) a €66.00 Price Target

Grammer (ETR:GMM) received a €66.00 ($76.74) price objective from investment analysts at Baader Bank in a report issued on Tuesday, May 29th. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price target indicates a potential upside of 2.09% from the company’s current price.

A number of other equities research analysts have also commented on GMM. DZ Bank reiterated a “neutral” rating on shares of Grammer in a research report on Wednesday, May 16th. Warburg Research set a €62.00 ($72.09) target price on Grammer and gave the company a “buy” rating in a research report on Tuesday, May 15th. Finally, Oddo Bhf set a €52.00 ($60.47) target price on Grammer and gave the company a “neutral” rating in a research report on Friday, March 23rd.

Grammer traded down €0.85 ($0.99), reaching €64.65 ($75.17), during trading hours on Tuesday, according to Marketbeat. The stock had a trading volume of 33,415 shares, compared to its average volume of 18,134. Grammer has a 52-week low of €40.60 ($47.21) and a 52-week high of €61.95 ($72.03).

Grammer Company Profile

Grammer AG develops and manufactures components and systems for automotive interiors worldwide. It operates in two divisions, Automotive and Commercial Vehicles. The Automotive division supplies headrests, armrests, center consoles, and interior components and operating elements to carmakers and automotive system suppliers.

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