Gerry Weber International AG (ETR:GWI1) has been assigned a €11.00 ($12.22) target price by research analysts at Deutsche Bank AG in a research report issued on Thursday. The brokerage currently has a a “neutral” rating on the stock.

Several other equities analysts have also recently weighed in on GWI1. Kepler Capital Markets set a €13.00 ($14.44) price target on shares of Gerry Weber International AG and gave the company a “sell” rating in a research report on Thursday, June 9th. Bankhaus Lampe set a €13.00 ($14.44) price target on shares of Gerry Weber International AG and gave the company a “neutral” rating in a research report on Tuesday, June 14th. Baader Bank set a €10.00 ($11.11) price target on shares of Gerry Weber International AG and gave the company a “sell” rating in a research report on Tuesday, June 14th. Berenberg Bank set a €14.00 ($15.56) price target on shares of Gerry Weber International AG and gave the company a “neutral” rating in a research report on Wednesday, June 15th. Finally, Independent Research GmbH set a €12.00 ($13.33) price target on shares of Gerry Weber International AG and gave the company a “neutral” rating in a research report on Wednesday, June 15th. Three research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €14.28 ($15.86).

Shares of Gerry Weber International AG (ETR:GWI1) traded down 0.310% during midday trading on Thursday, hitting €11.586. The stock had a trading volume of 353 shares. The stock has a 50 day moving average price of €11.34 and a 200-day moving average price of €11.64. Gerry Weber International AG has a 52 week low of €9.65 and a 52 week high of €16.52. The stock has a market capitalization of €535.63 million and a price-to-earnings ratio of 21.616.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/gerry-weber-international-ag-gwi1-given-a-11-00-price-target-at-deutsche-bank-ag.html

Gerry Weber International AG Company Profile

Gerry Weber International AG is a Germany-based fashion and lifestyle company with focus on apparel for women. The Company owns the brands GERRY WEBER, TAIFUN, SAMOON and HALLHUBER. It operates through three segments: GERRY WEBER Core Retail, GERRY WEBER Core Wholesale and HALLHUBER: The GERRY WEBER Core Retail segment comprises retail of the brands GERRY WEBER, TAIFUN and SAMOON; the GERRY WEBER Core Wholesale segment includes wholesale activities of the brands GERRY WEBER, TAIFUN and SAMOON, and through the HALLHUBER segment the Company offers clothing, accessories, bags and shoes.

Receive News & Ratings for Gerry Weber International AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gerry Weber International AG and related companies with MarketBeat.com's FREE daily email newsletter.