Grammer AG (ETR:GMM) Rating Reiterated by DZ Bank AG

Grammer AG (ETR:GMM)‘s stock had its “neutral” rating reiterated by investment analysts at DZ Bank AG in a research report issued on Wednesday, October 18th.

Several other equities research analysts also recently commented on GMM. Warburg Research set a €59.00 ($68.60) target price on shares of Grammer AG and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Baader Bank set a €55.00 ($63.95) target price on shares of Grammer AG and gave the stock a “neutral” rating in a research report on Monday, September 25th.

Grammer AG (ETR:GMM) traded up €0.44 ($0.51) on Wednesday, reaching €49.60 ($57.67). 20,158 shares of the company’s stock traded hands, compared to its average volume of 95,200. Grammer AG has a 12-month low of €40.60 ($47.21) and a 12-month high of €61.95 ($72.03).

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Grammer AG 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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