HSBC Analysts Give Grenke (GLJ) a €74.00 Price Target
Grenke (SWX:GLJ) has been assigned a €74.00 ($88.10) price objective by investment analysts at HSBC in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. HSBC’s price objective would suggest a potential downside of 23.75% from the company’s previous close.
A number of other research firms have also recently issued reports on GLJ. Berenberg Bank set a €85.00 ($101.19) price target on shares of Grenke and gave the company a “buy” rating in a research note on Wednesday, December 6th. equinet set a €83.00 ($98.81) price target on shares of Grenke and gave the company a “neutral” rating in a research note on Friday, October 27th. Finally, set a €72.00 ($85.71) price target on shares of Grenke and gave the company a “neutral” rating in a research note on Friday, October 20th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €93.29 ($111.05).
Shares of Grenke (SWX:GLJ) opened at €97.05 ($115.54) on Thursday. Grenke has a one year low of €50.60 ($60.24) and a one year high of €231.60 ($275.71).
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