Warburg Research set a €115.00 ($133.72) target price on Grenke (ETR:GLJ) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
GLJ has been the topic of several other research reports. Deutsche Bank set a €91.00 ($105.81) target price on Grenke and gave the company a buy rating in a research note on Tuesday, April 9th. Berenberg Bank set a €81.00 ($94.19) target price on Grenke and gave the company a neutral rating in a research note on Tuesday, January 8th. Finally, HSBC set a €96.00 ($111.63) target price on Grenke and gave the company a buy rating in a research note on Thursday, January 10th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Grenke presently has a consensus rating of Buy and an average price target of €94.17 ($109.50).
GLJ stock opened at €90.60 ($105.35) on Monday. Grenke has a twelve month low of €68.95 ($80.17) and a twelve month high of €107.30 ($124.77). The company has a debt-to-equity ratio of 360.40, a quick ratio of 2.83 and a current ratio of 2.85. The stock has a market cap of $4.20 billion and a PE ratio of 32.57.
Grenke Company Profile
Grenke AG engages in the leasing, banking, and factoring businesses in Germany and internationally. The company is involved in the leasing activities, such as financing to commercial lessees, rental, insurance, service, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral devices, software, and telecommunication and copier equipment, as well as other IT products.
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