Stabilus (ETR:STM) has been assigned a €69.00 ($80.23) target price by stock analysts at Berenberg Bank in a report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 88.63% from the stock’s previous close.

STM has been the subject of a number of other reports. Warburg Research set a €54.00 ($62.79) price objective on Stabilus and gave the company a “neutral” rating in a research report on Monday, May 6th. Kepler Capital Markets set a €40.00 ($46.51) price objective on Stabilus and gave the company a “sell” rating in a research report on Monday, May 6th. JPMorgan Chase & Co. set a €61.00 ($70.93) price objective on Stabilus and gave the company a “neutral” rating in a research report on Monday, May 6th. Hauck & Aufhaeuser set a €66.00 ($76.74) price objective on Stabilus and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Finally, Credit Suisse Group set a €55.00 ($63.95) price objective on Stabilus and gave the company a “neutral” rating in a research report on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €61.88 ($71.95).

Stabilus stock opened at €36.58 ($42.53) on Friday. The company has a market capitalization of $924.45 million and a PE ratio of 9.40. Stabilus has a 12 month low of €36.54 ($42.49) and a 12 month high of €89.35 ($103.90). The company has a debt-to-equity ratio of 72.08, a current ratio of 2.48 and a quick ratio of 1.73.

About Stabilus

Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, the Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts.

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Analyst Recommendations for Stabilus (ETR:STM)

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