Hauck & Aufhaeuser set a €55.00 ($65.48) price objective on Gerresheimer (ETR:GXI) in a report issued on Wednesday. The brokerage currently has a sell rating on the stock.
Other research analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €69.50 ($82.74) price target on shares of Gerresheimer and gave the stock a neutral rating in a report on Wednesday, October 4th. JPMorgan Chase & Co. set a €99.40 ($118.33) price target on shares of Gerresheimer and gave the stock a buy rating in a report on Wednesday, October 11th. Independent Research set a €68.00 ($80.95) target price on Gerresheimer and gave the company a neutral rating in a research note on Wednesday, October 11th. Berenberg Bank set a €75.00 ($89.29) target price on Gerresheimer and gave the company a buy rating in a research note on Wednesday, October 11th. Finally, Kepler Capital Markets set a €65.00 ($77.38) target price on Gerresheimer and gave the company a sell rating in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €70.62 ($84.07).
Shares of Gerresheimer (ETR:GXI) traded up €0.60 ($0.71) on Wednesday, hitting €71.55 ($85.18). The stock had a trading volume of 152,205 shares, compared to its average volume of 118,030. The firm has a market capitalization of $2,250.00 and a price-to-earnings ratio of 50.74. Gerresheimer has a twelve month low of €59.97 ($71.39) and a twelve month high of €78.25 ($93.15).
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Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through two divisions, Plastics & Devices, and Primary Packaging Glass. The Plastics & Devices division offers drug delivery systems, such as inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines, and catheters and surgical devices.
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