Grammer (ETR:GMM) price target raised to 52EUR as reported today by Warburg Research

August 10, 2016

Finance News

Having a price of 49.25EUR, Grammer (ETR:GMM) traded 0.27% lower on the day. The last stock close is down 11.87% relative to the 200-day moving average, compared to the S&P 500 which has raised 0.00% over the same time. GMM has recorded a 50-day average of 56.97EUR and 200-day average of 53.62EUR. 244,456 shares of the stock traded hands, up from an avg. trading volume of 30,550

In a statement issued on 8/10/2016 Warburg Research bumped up the target price of Grammer (ETR:GMM) by 0.06% from 0EUR to 52EUR

Previously on Thursday July 21 2016, Warburg Research released a statement about Grammer(ETR:GMM) of “Buy” with a target price of 50EUR. At the time, this indicated a possible upside of 0.23%.

See Graph Below:

Grammer (ETR:GMM)

Grammer has a 52 week low of 44.81EUR and a one-year high of 60.37EUR . Grammer’s total market value is currently N/A EUR.

More About Grammer (ETR:GMM)

GRAMMER AG is a Germany-based company engaged in the automobiles and auto parts sector. The Company develops and manufactures components and systems for automobile interiors as well as driver and passenger seats. The Company is organized into two business segments: Automotive, which supplies headrests, armrests, center consoles, head restraint systems, integrated child safety seats and side cushions to vehicle manufacturers; and Seating Systems, which provides driver’s seats for trucks and off-road vehicles, including tractors and agricultural machinery, construction machinery and fork-lifts, as well as driver and passenger seating for regional and high-speed long-haul trains, coaches and inter-urban buses. Its products are developed with an ergonomic focus, particularly on preventing back problems. The Company is globally active in over 19 countries with production plants in Europe, North America, Latin America, and Asia and Africa.

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