Berenberg Bank set a €109.00 ($128.24) price target on Gerresheimer (ETR:GXI) in a research report report published on Monday, Borsen Zeitung reports.
GXI has been the topic of a number of other reports. The Goldman Sachs Group set a €111.00 ($130.59) price target on shares of Gerresheimer in a research note on Tuesday, July 13th. DZ Bank reissued a buy rating on shares of Gerresheimer in a research note on Wednesday, May 26th. Credit Suisse Group set a €106.00 ($124.71) price target on shares of Gerresheimer in a research note on Wednesday, July 14th. Independent Research set a €82.00 ($96.47) price target on shares of Gerresheimer and gave the company a sell rating in a research note on Friday, April 9th. Finally, JPMorgan Chase & Co. set a €92.50 ($108.82) price target on shares of Gerresheimer in a research note on Tuesday, July 13th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €100.07 ($117.73).
Gerresheimer stock opened at €84.20 ($99.06) on Monday. The company has a 50 day moving average of €92.12. The stock has a market cap of $2.64 billion and a P/E ratio of 28.40. Gerresheimer has a 1 year low of €81.30 ($95.65) and a 1 year high of €103.70 ($122.00). The company has a quick ratio of 0.59, a current ratio of 0.98 and a debt-to-equity ratio of 122.13.
Gerresheimer AG, together with its subsidiaries, manufactures and sells specialty glass, plastic products, and drug delivery-devices and solutions primarily worldwide. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The Plastics & Devices division offers drug delivery systems, including inhalers, pen systems, and injection systems; sterile and non-sterile syringe systems for the 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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