Grenke (GLJ) Given a €91.00 Price Target by HSBC Analysts

HSBC set a €91.00 ($105.81) price target on Grenke (ETR:GLJ) in a research note published on Monday. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also recently weighed in on the stock. Deutsche Bank set a €107.00 ($124.42) price objective on shares of Grenke and gave the company a buy rating in a report on Monday. Commerzbank set a €90.00 ($104.65) target price on shares of Grenke and gave the stock a neutral rating in a research note on Thursday, June 14th. Finally, equinet set a €90.00 ($104.65) target price on shares of Grenke and gave the stock a neutral rating in a research note on Thursday, June 14th.

Grenke opened at €97.15 ($112.97) on Monday, according to MarketBeat.

Grenke Company Profile

Grenke AG engages in the leasing, banking, and factoring businesses in Germany and internationally. The company is involved in the leasing activities, such as financing to commercial lessees, rental, insurance, service, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral devices, software, and telecommunication and copier equipment, as well as other IT products.

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