Warburg Research set a €105.00 ($122.09) target price on Grenke (ETR:GLJ) in a report issued on Tuesday. The brokerage currently has a buy rating on the stock.
A number of other research analysts also recently commented on GLJ. Commerzbank set a €90.00 ($104.65) price target on Grenke and gave the company a neutral rating in a report on Friday, July 27th. equinet set a €90.00 ($104.65) price target on Grenke and gave the company a neutral rating in a report on Tuesday, July 3rd. HSBC set a €91.00 ($105.81) price target on Grenke and gave the company a neutral rating in a report on Friday, July 20th. Finally, Deutsche Bank set a €107.00 ($124.42) price target on Grenke and gave the company a buy rating in a report on Wednesday, July 18th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Grenke has a consensus rating of Hold and an average target price of €97.60 ($113.49).
Shares of GLJ opened at €86.50 ($100.58) on Tuesday.
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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