Gerresheimer (OTCMKTS:GRRMF) Shares Up 3.4% – Still a Buy?

Gerresheimer AG (OTCMKTS:GRRMFGet Free Report) shares were up 3.4% on Monday . The stock traded as high as $32.20 and last traded at $32.20. 200 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 242 shares. The stock had previously closed at $31.14.

Analysts Set New Price Targets

GRRMF has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Gerresheimer in a research report on Tuesday, August 4th. UBS Group upgraded shares of Gerresheimer from a “sell” rating to a “neutral” rating in a report on Tuesday, August 4th. Barclays cut shares of Gerresheimer from an “overweight” rating to an “underweight” rating in a research report on Tuesday, April 28th. Jefferies Financial Group downgraded shares of Gerresheimer to a “hold” rating in a report on Monday, May 18th. Finally, Sanford C. Bernstein upgraded Gerresheimer from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 1st. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Read Our Latest Stock Report on Gerresheimer

Gerresheimer Price Performance

The business has a 50-day moving average of $31.63 and a 200-day moving average of $28.15.

About Gerresheimer

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