Warburg Research set a €57.00 ($70.37) target price on Grammer (ETR:GMM) in a research report report published on Wednesday morning. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Oddo Bhf set a €52.00 ($64.20) target price on Grammer and gave the stock a neutral rating in a report on Thursday, February 15th. Baader Bank set a €55.00 ($67.90) target price on Grammer and gave the stock a neutral rating in a report on Monday, November 27th.

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Shares of GMM stock opened at €51.60 ($63.70) on Wednesday. Grammer has a twelve month low of €40.60 ($50.12) and a twelve month high of €61.95 ($76.48). The company has a market capitalization of $628.09 and a PE ratio of 14.06.

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About Grammer

GRAMMER Aktiengesellschaft develops and manufactures components and systems for automotive interiors worldwide. Its Seating Systems division operates as a tier 1 and aftermarket supplier of seat units and seating systems. This division offers driver and passenger seats for agriculture and construction vehicles, forklifts, trucks, buses, and trains, as well as to railway transport OEMs, rail operators, and bus manufacturers.

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