JPMorgan Chase & Co. set a €50.00 ($58.14) price target on Stabilus (ETR:STM) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on STM. Hauck & Aufhaeuser set a €74.00 ($86.05) price objective on WashTec and gave the company a buy rating in a research report on Monday. Warburg Research set a €47.00 ($54.65) price objective on 1&1 Drillisch and gave the company a buy rating in a research report on Tuesday, July 2nd. Credit Suisse Group raised Mosaic from a neutral rating to an outperform rating and reduced their price objective for the company from $30.00 to $28.00 in a research report on Tuesday, May 7th. Kepler Capital Markets reaffirmed a hold rating on shares of Continental in a research report on Friday, June 28th. Finally, Berenberg Bank set a €54.00 ($62.79) price objective on 1&1 Drillisch and gave the company a buy rating in a research report on Friday, June 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €58.88 ($68.46).
STM stock traded down €0.68 ($0.79) on Wednesday, reaching €36.98 ($43.00). 30,265 shares of the company traded hands, compared to its average volume of 36,533. Stabilus has a one year low of €35.58 ($41.37) and a one year high of €77.85 ($90.52). The company has a debt-to-equity ratio of 72.08, a quick ratio of 1.73 and a current ratio of 2.48. The company has a market cap of $913.41 million and a P/E ratio of 9.50. The firm’s fifty day simple moving average is €38.76.
Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, the Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts.
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