Price Target Update on Grifols S.A. (NASDAQ:GRFS)

Grifols S.A. (NASDAQ:GRFS) : The highest short term price target forecast on Grifols S.A. (NASDAQ:GRFS) is $20 and the lowest target price is $15. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $17.27 with a standard deviation of $3.21.

Other Equity analysts have also commented on the company shares. Nomura initiates coverage on Grifols S.A. (NASDAQ:GRFS). The rating major has initiated the coverage with buy rating on the shares. The rating by the firm was issued on March 17, 2016.

Grifols S.A. (NASDAQ:GRFS): stock turned positive on Thursday. Though the stock opened at $16.11, the bulls momentum made the stock top out at $16.14 level for the day. The stock recorded a low of $15.875 and closed the trading day at $16.08, in the green by 1.64%. The total traded volume for the day was 1,884,277. The stock had closed at $15.82 in the previous days trading.

The company shares have rallied 0.25% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $18.04 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $15.78 and the 200 Day Moving Average price is recorded at $15.55.

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