Gerresheimer (GXI) Given a €77.00 Price Target at Commerzbank

Gerresheimer (ETR:GXI) has been given a €77.00 ($95.06) price target by Commerzbank in a report released on Monday. The brokerage presently has a “buy” rating on the stock. Commerzbank’s price objective indicates a potential upside of 13.24% from the company’s current price.

A number of other analysts have also issued reports on the stock. Berenberg Bank set a €75.00 ($92.59) price target on shares of Gerresheimer and gave the stock a “buy” rating in a research note on Friday, December 8th. Deutsche Bank set a €64.00 ($79.01) price target on shares of Gerresheimer and gave the stock a “neutral” rating in a research note on Thursday, October 12th. Hauck & Aufhaeuser set a €55.00 ($67.90) price target on shares of Gerresheimer and gave the stock a “sell” rating in a research note on Wednesday, January 10th. Credit Suisse Group set a €80.00 ($98.77) price target on shares of Gerresheimer and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Finally, Goldman Sachs Group set a €69.50 ($85.80) price target on shares of Gerresheimer and gave the stock a “neutral” rating in a research note on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of €71.61 ($88.41).

Shares of Gerresheimer (ETR:GXI) opened at €68.00 ($83.95) on Monday. The stock has a market cap of $2,170.00 and a PE ratio of 48.23. Gerresheimer has a one year low of €59.97 ($74.04) and a one year high of €78.25 ($96.60).

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Gerresheimer Company Profile

Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through two divisions, Plastics & Devices, and Primary Packaging Glass. The Plastics & Devices division offers drug delivery systems, such as inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines, and catheters and surgical devices.

Analyst Recommendations for Gerresheimer (ETR:GXI)

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