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A statement released earlier today by Commerzbank AG about Stabilus (ETR:STM) ups the target price to 55.00EUR

Displaying a price of 52.91EUR, Stabilus (ETR:STM) traded 1.34% higher on the day. With the last close up 28.40% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. STM has recorded a 50-day moving average of 7.80EUR and a 200-day moving average of 6.47EUR. 1,884,610 shares of the stock were exchanged, down from an avg. volume of 1,983,760

Stabilus (ETR:STM) had its price target raised to 55.00EUR by Commerzbank AG in a report issued 10/11/2016. The updated target price indicates a possible upside of 0.04% from the company's previous stock price.

Previously on 10/10/2016, Commerzbank AG released a statement for Stabilus (ETR:STM) raised the target price from 0.00EUR to 55.00EUR that suggested an upside of 0.04%.

Recent Performance Chart

Stabilus (ETR:STM)

Stabilus has price-earnings ratio of 98.93 with a 52 week low of 5.11EUR and a 52 week high of 8.32EUR and has a market capitalization of 0 EUR.

Also covering Stabilus's target, a total of 5 analysts have issued a report on the company. The average stock price target is 6.42EUR with 0 firms rating the company a strong buy, two equity analysts rating the company a buy, three brokerages rating the company a hold, 0 brokers rating the stock a underperform, and finally one firm rating the stock a sell.

More About Stabilus (ETR:STM)

Stabilus SA, formerly Servus HoldCo SARL is a Luxembourg-based company. The Company is the automotive and industrial supplier. It develops and produces electromechanical drives, gas springs and dampers. Its products in the automotive segment are used in a broad range of applications such as tailgates, hoods, doors and convertible tops. In addition, Stabilus SA supplies industrial customers, for example in medical and rehab technology (operating tables, hospital beds, wheelchairs), transportation and traffic (flaps and lids for luggage, loading and maintenance), furniture (cabinet lids, beds, tables) and house and building technology (skylights, smoke exhaust vents, awnings).

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