Commerzbank AG covered Stabilus (ETR:STM), bumping its stock price target to 55.00EUR today
- Updated: October 10, 2016
Stating a potential upside of 0.04%, Commerzbank AG raised the target price of Stabilus (ETR:STM) to 55.00EUR
Previously on 9/29/2016, Oddo Seydler Bank AG reported about Stabilus (ETR:STM) increased the target price from 0.00EUR to 55.00EUR that suggested an upside of 0.15%.
Showing a price of 52.91EUR, Stabilus (ETR:STM) traded 1.34% higher on the day. The last stock price close is up 28.40% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time 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 Stabilus exchanged hands, down from an avg. volume of 1,983,760
With a total market value of 0 EUR, Stabilus has one year low of 5.11EUR and a one year high of 8.32EUR with a P/E ratio of 98.93 .
Also covering Stabilus's target, a total of 5 brokerages have issued a ratings update on the stock. The consensus target price is 6.42EUR with 0 equity analysts rating the company a strong buy, 2 firms rating the stock a buy, three analysts rating the company a hold, 0 brokers rating the company a underperform, and lastly 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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