Stabilus SA (STM) Given Average Recommendation of “Hold” by Brokerages
Shares of Stabilus SA (ETR:STM) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €73.75 ($85.76).
Several research analysts have weighed in on STM shares. JPMorgan Chase & Co. set a €85.00 ($98.84) price objective on shares of Stabilus and gave the stock a “neutral” rating in a report on Monday, October 8th. Hauck & Aufhaeuser set a €73.00 ($84.88) price target on shares of Stabilus and gave the company a “buy” rating in a report on Thursday, October 11th. Kepler Capital Markets set a €60.00 ($69.77) price target on shares of Stabilus and gave the company a “neutral” rating in a report on Friday, October 19th. equinet set a €80.00 ($93.02) price target on shares of Stabilus and gave the company a “buy” rating in a report on Monday, November 19th. Finally, Credit Suisse Group set a €70.00 ($81.40) price target on shares of Stabilus and gave the company a “neutral” rating in a report on Monday, November 19th.
Shares of STM stock opened at €54.50 ($63.37) on Tuesday. Stabilus has a 1-year low of €55.47 ($64.50) and a 1-year high of €83.10 ($96.63).
Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives, and CAD-configurators, as well as services and spare parts.
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