Grifols, S.A. – American Depositary Upgraded to Outperform by Zacks (GRFS) .

July 4th, 2013 - by Nicole Kennedy . 


Filed Under: Analyst Articles - US - Markets .

Grifols, S.A. – American Depositary (NASDAQ: GRFS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, Stock Ratings Network reports. The firm currently has a $31.90 target price on the stock. Zacks‘ target price would suggest a potential upside of 7.88% from the company’s current price.

Grifols, S.A. – American Depositary (NASDAQ: GRFS) traded up 1.16% on Thursday, hitting $29.57. Grifols, S.A. – American Depositary has a 1-year low of $17.6286 and a 1-year high of $31.63. The stock’s 50-day moving average is currently $27.09. The company has a market cap of $20.018 billion and a price-to-earnings ratio of 55.20.

GRFS has been the subject of a number of other recent research reports. Analysts at Berenberg Bank raised their price target on shares of Grifols, S.A. – American Depositary to $30.60 in a research note to investors on Tuesday, May 7th. They now have a “hold” rating on the stock. Analysts at BNP Paribas raised their price target on shares of Grifols, S.A. – American Depositary to $35.00 in a research note to investors on Thursday, April 11th .