Grammer (GMM) Given a €57.00 Price Target at Warburg Research

Grammer (ETR:GMM) has been given a €57.00 ($70.37) price objective by investment analysts at Warburg Research in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective points to a potential upside of 14.05% from the stock’s current price.

A number of other equities research analysts also recently issued reports on GMM. Baader Bank set a €55.00 ($67.90) price target on Grammer and gave the company a “neutral” rating in a research report on Monday, November 27th. Oddo Bhf set a €52.00 ($64.20) target price on Grammer and gave the stock a “neutral” rating in a research report on Thursday, February 15th.

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Shares of GMM stock opened at €49.98 ($61.70) on Wednesday. Grammer has a 1 year low of €40.60 ($50.12) and a 1 year high of €61.95 ($76.48). The stock has a market capitalization of $628.09 and a PE ratio of 13.62.

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About Grammer

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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