GERRY WEBER International (ETR:GWI1) Rating Reaffirmed
The brokerage firm has just set a Estimated Target Price of EUR 17.00 on GERRY WEBER International (ETR:GWI1) shares. This is 23.64% from the last close price. In recent note issued to clients on Tuesday morning, Baader Wertpapierhandelsbank kept steady their Hold rating on shares of GWI1.
From a total of 10 analysts covering GERRY WEBER International (ETR:GWI1) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 7 a ”Hold”. This means that 20% 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 €19.72 with a 43.73% above today’s (€13.72) stock price. GERRY WEBER International was the topic of 11 analyst reports since June 30, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on December 1 with “Hold” rating. Deutsche Bank maintained shares with “Hold” rating and €15 target share price in a report from a September 15. Commerzbank downgraded GWI1 stock in a recent report from October 6 to “Sell” rating. Independent Research maintained the rating on September 15. Independent Research has a “Hold” rating and a €19 price target on shares. Finally, Bankhaus Lampe maintained the stock with “Hold” rating in a report issued on a September 18.
The stock decreased 1.58% or EUR 0.22 on December 7, striking EUR 13.72. Approximately 149,928 shares of stock traded hands. Gerry Weber International AG (ETR:GWI1) has declined 41.21% since May 11, 2015 and is downtrending. It has underperformed by 40.13% the S&P500.
Gerry Weber International AG is a German holding firm active in the fashion and lifestyle sector. The company has a market cap of 629.60 million EUR. The Gerry Weber collection consists of three main clothing brands. It has 12.44 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.