Stabilus (ETR:STM) Stock Upgrade
Kepler Cheuvreux has raised shares of Stabilus (ETR:STM) to a respectable “Buy” rating in an analyst research report revealed to clients and investors today, and has established a one year target of EUR 38.00, which is 13.37% from STM’s share price currently.
From a total of 6 analysts covering Stabilus (ETR:STM) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is €40 while the lowest target price is €34. The mean of all analyst targets is €36.92 with a 10.74% above today’s (€33.34) stock price. Stabilus was the topic of 14 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on November 28 to “Buy” rating. Societe Generale maintained shares with “Hold” rating and €34 target share price in a report from an October 6. Bankhaus Lampe upgraded STM stock in a recent report from November 27 to “Buy” rating. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a November 25.
The stock increased 1.03% or EUR 0.34 on November 27, striking EUR 33.34. Approximately 30,690 shares of stock traded hands or 353.59% up from the average. Stabilus SA (ETR:STM) has declined 24.82% since April 27, 2015 and is downtrending. It has underperformed by 23.93% the S&P500.
Stabilus SA, formerly Servus HoldCo SARL is a Luxembourg company. The company has a market cap of 690.91 million EUR. The Firm is the automotive and industrial supplier. It has 60.01 P/E ratio. It develops and produces electromechanical drives, gas springs and dampers.
According to Zacks Investment Research, “STMicroelectronics is a global independent semiconductor company which designs, develops, manufactures and markets a broad range of semiconductor integrated circuits and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems.” Get a free copy of the Zacks research report on Stabilus SA (STM)