DZ Bank AG reaffirmed their buy rating on shares of Grammer AG (ETR:GMM) in a report released on Wednesday.

Other analysts have also recently issued reports about the stock. Baader Bank set a €55.00 ($64.71) target price on shares of Grammer AG and gave the stock a neutral rating in a report on Saturday, May 20th. Warburg Research set a €59.00 ($69.41) target price on shares of Grammer AG and gave the stock a buy rating in a report on Friday, July 21st.

Grammer AG (GMM) opened at 48.47 on Wednesday. Grammer AG has a 12 month low of €43.69 and a 12 month high of €61.61. The stock has a market capitalization of €544.85 million and a P/E ratio of 10.79. The firm’s 50-day moving average is €48.31 and its 200 day moving average is €52.88.

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About Grammer AG

GRAMMER AG is a Germany-based company that is active 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. It is organized into two business segments: Automotive and Seating Systems. The Automotive segment supplies headrests, armrests, and center consoles, and the Seating Systems segment provides driver seats for trucks and off-road vehicles, including tractors and agricultural machinery, construction machinery and fork-lifts, as well as driver and passenger seating solutions for trains, coaches and inter-urban buses.

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