Grammer’s (GMM) “Neutral” Rating Reaffirmed at DZ Bank

Grammer (ETR:GMM)‘s stock had its “neutral” rating reiterated by investment analysts at DZ Bank in a research note issued to investors on Friday.

GMM has been the topic of a number of other research reports. Oddo Bhf set a €52.00 ($64.20) target price on Grammer and gave the company a “neutral” rating in a report on Friday, February 23rd. Baader Bank set a €55.00 ($67.90) target price on Grammer and gave the company a “neutral” rating in a report on Monday, November 27th. Finally, Warburg Research set a €57.00 ($70.37) target price on Grammer and gave the company a “buy” rating in a report on Wednesday.

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Grammer (GMM) traded down €0.15 ($0.19) during trading hours on Friday, hitting €50.20 ($61.98). The company’s stock had a trading volume of 14,282 shares, compared to its average volume of 18,134. The firm has a market cap of $628.09 and a price-to-earnings ratio of 13.68. Grammer has a 52-week low of €40.60 ($50.12) and a 52-week high of €61.95 ($76.48).

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Grammer 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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