Stabilus (ETR:STM) Stock Upgrade
In a recent report revealed on 3 December, Bankhaus Lampe KG hiked the shares of Stabilus (ETR:STM) to a respectable Buy rating. They currently have a EUR 40.00 target PPS on the stock. This target PPS suggests a possible upside of 9.59% from the close price of Stabilus (ETR:STM) shares.
From a total of 5 analysts covering Stabilus (ETR:STM) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 17% of the ratings are positive. The highest target price is €8.5 while the lowest target price is €6.5. The mean of all analyst targets is €7.23 with a 1.15% above today’s (€36.5) stock price. Stabilus was the topic of 15 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 1 with “Neutral” rating. Societe Generale maintained shares with “Hold” rating and €34 target share price in a report from an October 6. Hauck & Aufhäuser Privatbankiers KGaA maintained STM stock in a recent report from November 28 with “Hold” rating. Finally, Commerzbank upgraded the stock to “Buy” rating in a report issued on a November 25.
The stock increased 3.37% or EUR 1.19 on December 2, striking EUR 36.5. Approximately 47,949 shares of stock traded hands or 385.76% up from the average. Stabilus SA (ETR:STM) has declined 8.42% since April 30, 2015 and is downtrending. It has underperformed by 8.22% the S&P500.
Stabilus SA, formerly Servus HoldCo SARL is a Luxembourg company. The company has a market cap of 756.40 million EUR. The Firm is the automotive and industrial supplier. It has 65.7 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).