GfK (ETR:GFK) Stock Upgrade
Bankhaus Lampe KG has just given GfK (ETR:GFK) shares an updated “Buy” rating in analysts note revealed to clients on Friday, 18 December. The equities firm currently has a respectable EUR 45.00 target on the stock. The target announced by Bankhaus Lampe KG is 27.88% from GFK’s current share price.
From a total of 6 analysts covering GfK (ETR:GFK) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is €43 while the lowest target price is €37. The mean of all analyst targets is €41.40 with a 17.65% above today’s (€35.19) stock price. GfK was the topic of 8 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on November 26 to “Buy” rating. Societe Generale maintained shares with “Hold” rating and €43 target share price in a report from an August 14. Deutsche Bank maintained GFK stock in a recent report from November 17 with “Hold” rating. Finally, Kepler Cheuvreux upgraded the stock to “Buy” rating in a report issued on a November 14.
The stock increased 2.71% or EUR 0.93 on December 17, striking EUR 35.19. Approximately 16,447 shares of stock traded hands or 244.37% up from the average. GfK AG (ETR:GFK) has declined 62.50% since May 21, 2015 and is downtrending. It has underperformed by 60.24% the S&P500.
GfK SE is a Germany-based international holding firm and well-known provider of market research services, which operates through three operating divisions. The company has a market cap of 1.29 billion EUR. The Custom Research operating division offers a range of services which include tests and studies, in particular, for product and pricing policy, brand management, communications, distribution and customer loyalty. It has 128.18 P/E ratio. The Company’s portfolio comprises continually collected data, as well as ad hoc studies.