Gerresheimer AG (GXI) Given a €75.00 Price Target by Berenberg Bank Analysts

Gerresheimer AG (ETR:GXI) has been assigned a €75.00 ($88.24) price target by equities researchers at Berenberg Bank in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.

GXI has been the subject of a number of other reports. Credit Suisse Group set a €80.00 ($94.12) price objective on Gerresheimer AG and gave the stock a “buy” rating in a report on Tuesday. Hauck & Aufhaeuser set a €63.50 ($74.71) price objective on Gerresheimer AG and gave the stock a “neutral” rating in a report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) set a €73.00 ($85.88) price objective on Gerresheimer AG and gave the stock a “neutral” rating in a report on Friday, June 30th. J P Morgan Chase & Co set a €99.40 ($116.94) target price on Gerresheimer AG and gave the company a “buy” rating in a research note on Thursday, August 31st. Finally, Commerzbank Ag set a €73.00 ($85.88) target price on Gerresheimer AG and gave the company a “neutral” rating in a research note on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €73.14 ($86.05).

Gerresheimer AG (ETR:GXI) opened at 63.515 on Wednesday. The company has a market capitalization of €1.99 billion and a P/E ratio of 17.594. The firm has a 50-day moving average price of €65.16 and a 200 day moving average price of €70.39. Gerresheimer AG has a 52-week low of €59.97 and a 52-week high of €79.47.

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Gerresheimer AG Company Profile

Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through two divisions, Plastics & Devices, and Primary Packaging Glass. The Plastics & Devices division offers drug delivery systems, such as inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines, and catheters and surgical devices.

Analyst Recommendations for Gerresheimer AG (ETR:GXI)

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