Gerresheimer AG (GXI) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Gerresheimer AG (ETR:GXI) have earned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is €79.80 ($93.88).
A number of equities analysts have weighed in on GXI shares. Independent Research GmbH set a €78.00 ($91.76) target price on Gerresheimer AG and gave the stock a “neutral” rating in a research report on Wednesday, July 19th. Berenberg Bank set a €85.00 ($100.00) price objective on Gerresheimer AG and gave the company a “buy” rating in a research note on Wednesday, May 24th. DZ Bank AG reiterated a “buy” rating on shares of Gerresheimer AG in a research note on Monday, July 17th. Deutsche Bank AG set a €82.00 ($96.47) price objective on Gerresheimer AG and gave the company a “buy” rating in a research note on Friday, July 7th. Finally, Kepler Capital Markets set a €70.00 ($82.35) price target on Gerresheimer AG and gave the stock a “sell” rating in a research note on Thursday, July 13th.
Gerresheimer AG (ETR GXI) opened at 69.02 on Tuesday. Gerresheimer AG has a 52-week low of €64.00 and a 52-week high of €79.47. The company’s 50-day moving average is €71.10 and its 200 day moving average is €73.16. The company has a market cap of €2.17 billion and a price-to-earnings ratio of 19.12.
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About Gerresheimer AG
Gerresheimer AG is a Germany-based company that is active in the pharmaceuticals and health care industry. It operates through two business segments: Plastics and Devices, and Primary Packaging Glass. The Plastics and Devices segment produces standard and customized products for drug delivery, such as insulin pens, inhalers, and prefillable syrings.
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