Other equities research analysts have also issued reports about the company. Warburg Research set a €62.00 ($72.09) price target on Grammer and gave the company a buy rating in a research report on Tuesday, May 29th. DZ Bank reiterated a neutral rating on shares of Grammer in a research report on Friday, August 10th. Finally, Oddo Bhf set a €58.00 ($67.44) price objective on Grammer and gave the stock a neutral rating in a research report on Wednesday, August 8th.
Shares of GMM stock traded up €0.98 ($1.14) during trading hours on Tuesday, reaching €41.38 ($48.12). The company had a trading volume of 17,434 shares, compared to its average volume of 18,134. Grammer has a 12-month low of €40.60 ($47.21) and a 12-month high of €61.95 ($72.03).
Grammer AG develops and manufactures components and systems for automotive interiors worldwide. It operates in two divisions, Automotive and Commercial Vehicles. The Automotive division supplies headrests, armrests, center consoles, and interior components and operating elements to carmakers and automotive system suppliers.
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