Stabilus S.A. (ETR:STM) has been given a €88.00 ($102.33) price objective by analysts at Berenberg Bank in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 17.60% from the company’s previous close.
Other analysts also recently issued reports about the company. Societe Generale set a €61.00 ($70.93) price target on Stabilus and gave the company a “sell” rating in a research note on Monday, August 14th. Macquarie set a €72.00 ($83.72) price target on Stabilus and gave the company a “neutral” rating in a research note on Monday, August 14th. J P Morgan Chase & Co set a €77.00 ($89.53) price target on Stabilus and gave the company a “buy” rating in a research note on Tuesday, August 15th. Commerzbank Ag set a €65.00 ($75.58) price target on Stabilus and gave the company a “neutral” rating in a research note on Friday, August 11th. Finally, Hauck & Aufhaeuser set a €90.00 ($104.65) price target on Stabilus and gave the company a “buy” rating in a research note on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €74.89 ($87.08).
Shares of Stabilus (ETR STM) opened at €74.83 ($87.01) on Wednesday. Stabilus has a 12 month low of €44.38 ($51.60) and a 12 month high of €81.19 ($94.41).
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Stabilus Company Profile
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.
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