Independent Research GmbH Reiterates “€11.50” Price Target for Gerry Weber International AG (GWI1)

Independent Research GmbH set a €11.50 ($12.37) target price on Gerry Weber International AG (ETR:GWI1) in a report issued on Thursday morning. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the company. Baader Bank set a €9.00 ($9.68) price objective on Gerry Weber International AG and gave the company a sell rating in a report on Thursday, January 26th. Hauck & Aufhaeuser set a €10.50 ($11.29) price objective on Gerry Weber International AG and gave the company a neutral rating in a report on Thursday, March 16th. equinet AG set a €9.50 ($10.22) price objective on Gerry Weber International AG and gave the company a sell rating in a report on Thursday, March 16th. Nord/LB set a €20.00 ($21.51) price objective on Gerry Weber International AG and gave the company a buy rating in a report on Friday, December 30th. Finally, Warburg Research set a €11.00 ($11.83) price objective on Gerry Weber International AG and gave the company a neutral rating in a report on Friday, January 27th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €11.63 ($12.50).

Gerry Weber International AG (ETR:GWI1) opened at 11.805 on Thursday. Gerry Weber International AG has a 52 week low of €10.00 and a 52 week high of €13.70. The firm has a market capitalization of €541.91 million and a price-to-earnings ratio of 1180.500. The firm has a 50-day moving average price of €10.69 and a 200 day moving average price of €11.17.

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Gerry Weber International AG Company Profile

Gerry Weber International AG is a Germany-based fashion and lifestyle company with focus on apparel for women. The Company owns the brands GERRY WEBER, TAIFUN, SAMOON and HALLHUBER. It operates through three segments: GERRY WEBER Core Retail, GERRY WEBER Core Wholesale and HALLHUBER: The GERRY WEBER Core Retail segment comprises retail of the brands GERRY WEBER, TAIFUN and SAMOON; the GERRY WEBER Core Wholesale segment includes wholesale activities of the brands GERRY WEBER, TAIFUN and SAMOON, and through the HALLHUBER segment the Company offers clothing, accessories, bags and shoes.

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