A number of other brokerages have also recently commented on GMM. Baader Bank set a €55.00 ($67.90) price target on Grammer and gave the company a neutral rating in a research report on Tuesday, November 7th. DZ Bank reaffirmed a neutral rating on shares of Grammer in a research report on Wednesday, October 18th.
Grammer (ETR GMM) opened at €51.35 ($63.40) on Thursday. Grammer has a 1 year low of €40.60 ($50.12) and a 1 year high of €61.95 ($76.48). The company has a market capitalization of $647.38 and a price-to-earnings ratio of 13.99.
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GRAMMER Aktiengesellschaft develops and manufactures components and systems for automotive interiors worldwide. Its Seating Systems division operates as a tier 1 and aftermarket supplier of seat units and seating systems. This division offers driver and passenger seats for agriculture and construction vehicles, forklifts, trucks, buses, and trains, as well as to railway transport OEMs, rail operators, and bus manufacturers.
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