A number of other research analysts have also issued reports on GMM. Oddo Bhf set a €58.00 ($67.44) target price on shares of Grammer and gave the stock a neutral rating in a research report on Tuesday, July 31st. Warburg Research set a €60.00 ($69.77) target price on shares of Grammer and gave the stock a neutral rating in a research report on Monday, August 6th. Finally, DZ Bank restated a neutral rating on shares of Grammer in a research report on Friday, August 10th.
Shares of ETR:GMM traded down €0.04 ($0.05) on Friday, reaching €35.50 ($41.28). 2,502 shares of the company’s stock were exchanged, compared to its average volume of 18,134. Grammer has a twelve month low of €40.60 ($47.21) and a twelve month high of €61.95 ($72.03).
Grammer AG develops and manufactures components and systems for automotive interiors worldwide. It operates in two divisions, Automotive and Commercial Vehicles. The Automotive division supplies headrests, armrests, center consoles, and interior components and operating elements to carmakers and automotive system suppliers.
Further Reading: Retained Earnings
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