Gerry Weber International AG (GWI1) Given a €9.50 Price Target by equinet AG Analysts
Gerry Weber International AG (ETR:GWI1) received a €9.50 ($10.44) price target from research analysts at equinet AG in a research report issued to clients and investors on Tuesday. The brokerage presently has a a “sell” rating on the stock.
A number of other equities analysts have also recently weighed in on the company. Baader Bank set a €9.00 ($9.89) price target on Gerry Weber International AG and gave the stock a “sell” rating in a report on Tuesday. Berenberg Bank set a €14.00 ($15.38) target price on Gerry Weber International AG and gave the company a “neutral” rating in a research note on Monday, October 10th. DZ Bank AG reiterated a “sell” rating on shares of Gerry Weber International AG in a research note on Tuesday, October 4th. Deutsche Bank AG set a €11.00 ($12.09) target price on Gerry Weber International AG and gave the company a “neutral” rating in a research note on Thursday, September 22nd. Finally, Warburg Research set a €11.50 ($12.64) target price on Gerry Weber International AG and gave the company a “neutral” rating in a research note on Friday, September 16th. Four equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. Gerry Weber International AG has a consensus rating of “Hold” and an average target price of €11.73 ($12.89).
Shares of Gerry Weber International AG (ETR:GWI1) opened at 11.405 on Tuesday. Gerry Weber International AG has a 52-week low of €9.65 and a 52-week high of €16.52. The firm has a market cap of €527.26 million and a price-to-earnings ratio of 21.278. The firm has a 50-day moving average price of €11.52 and a 200-day moving average price of €11.45.
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About Gerry Weber International AG
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.
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