Stabilus (ETR:STM) Stock Upgrade
Bankhaus Lampe KG has increased shares of Stabilus (ETR:STM) to a respectable Buy rating in an analyst note disseminated today, and has established a 12-month TP of EUR 40.00, which is 21.14% from STM’s share price currently.
From a total of 5 analysts covering Stabilus (ETR:STM) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is €39 while the lowest target price is €34. The mean of all analyst targets is €36.70 with a 11.21% above today’s (€33) stock price. Stabilus was the topic of 11 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Commerzbank upgraded shares on November 25 to “Buy” rating. Kepler Cheuvreux upgraded STM stock in a recent report from November 20 to “Buy” rating. Finally, Hauck & Aufhäuser Privatbankiers KGaA upgraded the stock to “Buy” rating in a report issued on a September 23.
The stock increased 3.12% or EUR 1 on November 26, striking EUR 33. Approximately 68,474 shares of stock traded hands or 858.62% up from the average. Stabilus SA (ETR:STM) has declined 26.06% since April 24, 2015 and is downtrending. It has underperformed by 24.70% the S&P500.
Stabilus SA, formerly Servus HoldCo SARL is a Luxembourg company. The company has a market cap of 683.76 million EUR. The Firm is the automotive and industrial supplier. It has 59.4 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)