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

Grifols S.A. (NASDAQ:GRFS): 2 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $17.27 in Grifols S.A. (NASDAQ:GRFS). However, the stock price could fluctuate by $ 3.21 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $20 price target with the lower price estimate is calculated at $15

Many analysts have stated their opinion on the company shares. Nomura initiates coverage on Grifols S.A. (NASDAQ:GRFS). The shares have now been rated Buy by the stock experts at the ratings house. The rating by the firm was issued on March 17, 2016. Company shares have received an average consensus rating of Hold for the current week

Grifols S.A. (NASDAQ:GRFS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.35 points or 2.06% at $16.61 with 1,237,913 shares getting traded. Post opening the session at $16.68, the shares hit an intraday low of $16.54 and an intraday high of $16.74 and the price was in this range throughout the day. The company has a market cap of $11,353 million and the number of outstanding shares have been calculated to be 683,516,340 shares. The 52-week high of Grifols S.A. (NASDAQ:GRFS) is $18.04 and the 52-week low is $14.07.

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