Breaking: HSBC Reaffirms EUR 14.00 TP On GERRY WEBER International (ETR:GWI1) Shares, Reaffirms Their Original “Hold” Rating

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GERRY WEBER International (ETR:GWI1) Rating Reaffirmed

GERRY WEBER International (ETR:GWI1) just had their share rating of a ‘”Hold”‘ issued by research analysts at HSBC, who now has a EUR 14.00 Estimated Target Price on the 647.04M EUR market cap company or a -0.64% downside potential. This key information was disclosed in an analyst note on 28 November.

From a total of 9 analysts covering GERRY WEBER International (ETR:GWI1) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is €29 while the lowest target price is €14. The mean of all analyst targets is €20.13 with a 42.77% above today’s (€14.1) stock price. GERRY WEBER International was the topic of 10 analyst reports since June 30, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on November 28 with “Hold” rating. Deutsche Bank maintained shares with “Hold” rating and €15 target share price in a report from a September 15. Baader Wertpapierhandelsbank maintained GWI1 stock in a recent report from October 6 with “Hold” rating. Warburg Research upgraded the rating on September 11. Warburg Research has a “Buy” rating and a €29 price target on shares. Finally, Independent Research maintained the stock with “Hold” rating in a report issued on a September 15.

The stock decreased 2.52% or EUR 0.36 on November 27, striking EUR 14.1. Approximately 181,379 shares of stock traded hands. Gerry Weber International AG (ETR:GWI1) has declined 41.21% since April 24, 2015 and is downtrending. It has underperformed by 40.31% the S&P500.

Breaking: HSBC Reaffirms EUR 14.00 TP On GERRY WEBER International (ETR:GWI1) Shares, Reaffirms Their Original

Gerry Weber International AG is a German holding firm active in the fashion and lifestyle sector. The company has a market cap of 647.04 million EUR. The Gerry Weber collection consists of three main clothing brands. It has 12.78 P/E ratio. The core brand, GERRY WEBER is positioned in the upper mid-price segment for ladies’ clothing, and comprises the two sub labels GERRY WEBER Edition, including knitwear, shirts, blouses, trousers, skirts and outdoor jackets; as well as G.W., supplying retailers with the latest fashions.

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