Berenberg Bank Reiterates “€17.50” Price Target for Aumann (ETR:AAG)

Berenberg Bank set a €17.50 ($20.35) price objective on Aumann (ETR:AAG) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Separately, Hauck & Aufhaeuser set a €50.00 ($58.14) price objective on shares of Gerresheimer and gave the company a sell rating in a research report on Friday, July 12th.

Shares of ETR:AAG opened at €15.18 ($17.65) on Thursday. The company has a current ratio of 2.96, a quick ratio of 2.75 and a debt-to-equity ratio of 12.03. Aumann has a fifty-two week low of €13.90 ($16.16) and a fifty-two week high of €67.10 ($78.02). The firm’s 50-day simple moving average is €18.53. The company has a market cap of $231.50 million and a P/E ratio of 12.80.

About Aumann

Aumann AG manufactures and sells specialized machines and production lines for components of electric and classic drive chain systems in the United States, Canada, Mexico, Europe, China, and internationally. It operates through E-Mobility and Classic segments. The E-Mobility segment designs, manufactures, and distributes specialized machines and automated production lines for the automotive, aerospace, rail, and other mobility industries; solutions to produce electric motors and mechatronic modules for traction and auxiliary drives, and sensors; and special-purpose machinery and production lines for the production of electric and hybrid vehicles, including energy storage systems.

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