Gerresheimer (ETR:GXI) Upgrade
Independent Research GmbH was boosted to Buy and currently has EUR 84.00 price target on Gerresheimer (ETR:GXI)’s stock. This was revealed to investors in an analyst report today. Independent Research GmbH’s price target suggests a potential upside of 17.02 %.
This stock rating upgrade is well-received by equity traders, as ETR:GXI is right now trading 1.55% higher at EUR 72.07 as of 22:53 Frankfurt time. Gerresheimer’s stock is up 35.48% in the last 200 days. It has outperformed the Standard & Poor’s 500 index, which has declined -0.91% in the same time.
ETR:GXI Price Chart & Trend
The stock price of Gerresheimer increased 35.48% over the last 200 days, and is in mighty up trend. In the last 50 and 100 days, Gerresheimer is up 17.39% and down 3.12%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Gerresheimer (ETR:GXI) Profile
Gerresheimer AG is a Germany-based holding company and manufacturer of specialty products made of glass and plastic for the pharmaceutical and healthcare industries. The Company operates four business segments: Tubular Glass; Molded Glass; Plastic Systems, and Life Science Research. The Tubular Glass segment produces glass tubes converted to primary packaging.
Gerresheimer (ETR:GXI) traded up 1.55% on 13 April, hitting EUR 72.07. A total of 138,443 shares of the company’s stock traded hands. This is up from average of 86,979 shares. Gerresheimer has a 52 week low of EUR 48.42 and a 52 week high of EUR 76.62. The company has a market cap of 2.26 billion EUR and a P/E ratio of 21.77.
Get the latest Gerresheimer (ETR:GXI) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
The post Frankfurt: Gerresheimer (ETR:GXI) Rating Upgraded to Buy by Independent Research GmbH with EUR 84.00 Target appeared first on Octafinance.