Warburg Research Analysts Give Grenke (ETR:GLJ) a €115.00 Price Target

Grenke (ETR:GLJ) has been assigned a €115.00 ($133.72) price objective by stock analysts at Warburg Research in a research report issued on Monday, May 6th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Warburg Research’s target price would suggest a potential upside of 34.50% from the company’s current price.

A number of other analysts have also recently weighed in on GLJ. Berenberg Bank set a €81.00 ($94.19) price objective on Grenke and gave the stock a “neutral” rating in a research report on Tuesday, January 8th. Deutsche Bank set a €91.00 ($105.81) price objective on Grenke and gave the stock a “buy” rating in a research report on Thursday, January 17th. Finally, HSBC set a €96.00 ($111.63) price objective on Grenke and gave the stock a “buy” rating in a research report on Thursday, January 10th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of €94.17 ($109.50).

Shares of Grenke stock traded down €1.60 ($1.86) during trading hours on Monday, reaching €85.50 ($99.42). The company’s stock had a trading volume of 63,797 shares. Grenke has a one year low of €68.95 ($80.17) and a one year high of €107.30 ($124.77). The company has a current ratio of 2.89, a quick ratio of 2.73 and a debt-to-equity ratio of 375.59. The firm has a market capitalization of $3.96 billion and a price-to-earnings ratio of 30.55.

Grenke Company Profile

Grenke AG engages in the leasing, banking, and factoring businesses in Germany and internationally. The company is involved in the leasing activities, such as financing to commercial lessees, rental, insurance, service, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral devices, software, and telecommunication and copier equipment, as well as other IT products.

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Analyst Recommendations for Grenke (ETR:GLJ)

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