Oddo Bhf set a €41.00 ($47.67) price objective on Grammer (ETR:GMM) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Shares of GMM opened at €38.25 ($44.48) on Monday. The stock has a market capitalization of $476.73 million and a P/E ratio of 20.15. The company has a debt-to-equity ratio of 152.29, a current ratio of 0.97 and a quick ratio of 0.71. Grammer has a 52-week low of €28.76 ($33.44) and a 52-week high of €68.45 ($79.59).
Grammer AG develops and produces components and systems for automotive interiors worldwide. It operates in two divisions, Automotive and Commercial Vehicles. The Automotive division supplies headrests, armrests, center consoles, and interior components and operating elements to carmakers and automotive system suppliers.
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