A statement released earlier today by Commerzbank AG about Sartorius (ETR:SRT) raises the target price to 74.00EUR
- Updated: October 8, 2016
Sartorius (ETR:SRT) had its price target upped to 74.00EUR by Commerzbank AG in a report released Friday October 07, 2016. The new stock price target implies a possible downside of -0.01% based on the company's most recent close.
On 10/6/2016, Commerzbank AG released a statement about Sartorius (ETR:SRT) upped the target price from 0.00EUR to 74.00EUR that suggested a downside of -0.01%.
Just yesterday Sartorius (ETR:SRT) traded 0.34% higher at 74.52EUR. The company’s 50-day moving average is 5.70EUR and its 200-day moving average is 4.66EUR. The last closing price is up 24.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 21,192 shares of SRT changing hands over the typical 15,891
Sartorius has with a 52 week low of 3.30EUR and a 52 week high of 6.40EUR and has a total market value of 0 EUR.
A total of 2 analysts have issued a research note on the company. 0 firms rating the stock a strong buy, 0 brokers rating the company a buy, two equity analysts rating the stock a hold, 0 analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of 5.50EUR.
Brief Synopsis On Sartorius (ETR:SRT)
Sartorius AG is a Germany-based supplier of pharmaceutical and laboratory equipment. It operates through two segments: Bioprocess Solutions and Lab Products and Services. The Bioprocess Solutions segment offers integrated solutions for biopharmaceutical manufacture, such as filters for sterilization of biopharmaceutical media, single-use bags for cell cultivation and storage of biopharmaceuticals, membrane adsorbers for purification in bioprocesses, and filter technology for clarification, among others. The Lab Products and Services segment provides instruments, consumables and services for laboratories, including laboratory balances, laboratory water systems for storage of purified water, electronic pipettes, filter systems for sample preparation and membrane filter systems for sterility testing of parenterals.
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