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Stabilus (ETR:STM) target upped to 55.00EUR, issued a ratings update earlier today by Oddo Seydler Bank AG

Stabilus (ETR:STM) had its target price raised to 55.00EUR by Oddo Seydler Bank AG in an issued report announced 09/28/2016. The latest stock price target implies a possible upside of 0.15% from the company's last closing price.

Previously on 09/27/2016, JP Morgan Chase & Co. reported on Stabilus (ETR:STM) raised the target price from 0.00EUR to 54.00EUR. At the time, this indicated a possible upside of 0.12%.

Yesterday Stabilus (ETR:STM) traded 1.24% higher at 47.90EUR. The company’s 50-day moving average is 7.66EUR and its 200-day moving average is 6.35EUR. The last closing price is up 28.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,604,083 shares of the stock were exchanged, down from an average trading volume of 1,880,980

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Stabilus (ETR:STM)

Stabilus has a 52 week low of 5.11EUR and a 52 week high of 8.21EUR with a P/E ratio of 97.14 The company’s market cap is currently 0 EUR.

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, two brokerages rating the company a buy, three analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally one brokerage rating the stock a sell.

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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