Grammer (GMM) PT Set at €55.00 by Baader Bank

Baader Bank set a €55.00 ($67.90) target price on Grammer (ETR:GMM) in a research report released on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other analysts have also recently commented on GMM. Oddo Bhf set a €52.00 ($64.20) target price on shares of Grammer and gave the stock a neutral rating in a research note on Thursday, February 15th. Warburg Research set a €57.00 ($70.37) target price on shares of Grammer and gave the stock a buy rating in a research note on Wednesday.

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Shares of GMM stock opened at €50.55 ($62.41) on Wednesday. The company has a market cap of $628.09 and a P/E ratio of 13.77. Grammer has a 12 month low of €40.60 ($50.12) and a 12 month high of €61.95 ($76.48).

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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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