A number of other equities analysts also recently issued reports on the stock. equinet set a €90.00 ($104.65) price target on shares of Grenke and gave the stock a neutral rating in a research note on Friday, July 27th. HSBC set a €91.00 ($105.81) target price on shares of Grenke and gave the company a neutral rating in a research note on Monday, June 18th. Warburg Research set a €105.00 ($122.09) target price on shares of Grenke and gave the company a buy rating in a research note on Tuesday, July 3rd. Finally, Commerzbank set a €90.00 ($104.65) target price on shares of Grenke and gave the company a neutral rating in a research note on Friday, July 27th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €97.60 ($113.49).
Shares of ETR:GLJ opened at €90.70 ($105.47) on Wednesday.
Grenke AG engages in the leasing, banking, and factoring businesses in Germany and internationally. The company is involved in the leasing activities, such as financing to commercial lessees, rental, insurance, service, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral devices, software, and telecommunication and copier equipment, as well as other IT products.
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