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Oddo Seydler Bank AG covered Stabilus (ETR:STM), raising its target price to 55.00EUR today

Stabilus (ETR:STM) had its price target upped to 55.00EUR by Oddo Seydler Bank AG in a report announced 09/21/2016. The latest target price indicates a possible upside of 0.14% based on the company's previous close.

Boasting a price of 48.34EUR, Stabilus (ETR:STM) traded 1.76% higher on the day. The last stock close price is up 28.64% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Stabilus has recorded a 50-day average of 7.57EUR and a 200-day moving average of 6.28EUR. 2,301,892 shares of the stock were exchanged, up from an average trading volume of 1,881,430

Performance Chart

Stabilus (ETR:STM)

With a total market value of 0 EUR, Stabilus has 52 week low of 5.11EUR and a 52 week high of 8.09EUR with a P/E ratio of 96.19 .

Also covering Stabilus's price target, a total of 5 firms have reported on the stock. The consensus stock price target is 6.42EUR with 0 brokers rating the stock a strong buy, two brokerages rating the company a buy, three equity analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 1 equity analyst rating the company a sell.

Brief Synopsis 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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