Grammer AG (GMM) Stock Rating Reaffirmed by DZ Bank AG

DZ Bank AG reissued their neutral rating on shares of Grammer AG (ETR:GMM) in a research note released on Wednesday morning.

GMM has been the topic of several other research reports. Warburg Research set a €59.00 ($69.41) price objective on Grammer AG and gave the stock a buy rating in a report on Wednesday, August 9th. Baader Bank set a €55.00 ($64.71) price objective on Grammer AG and gave the stock a neutral rating in a report on Thursday, August 10th.

Shares of Grammer AG (ETR GMM) opened at 48.213 on Wednesday. Grammer AG has a 52-week low of €40.60 and a 52-week high of €61.61. The firm has a market capitalization of €617.17 million and a price-to-earnings ratio of 12.738. The company’s 50 day moving average price is €51.51 and its 200 day moving average price is €50.68.

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Grammer AG Company Profile

GRAMMER Aktiengesellschaft develops and manufactures components and systems for automotive interiors worldwide. Its Seating Systems division operates as a tier 1 and aftermarket supplier of seat units and seating systems. This division offers driver and passenger seats for agriculture and construction vehicles, forklifts, trucks, buses, and trains, as well as to railway transport OEMs, rail operators, and bus manufacturers.

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