Fielmann Aktiengesellschaft (OTCMKTS:FLMNF) Price Target Cut to €37.00 by Analysts at HSBC

Fielmann Aktiengesellschaft (OTCMKTS:FLMNFGet Rating) had its target price decreased by HSBC from €41.00 ($41.84) to €37.00 ($37.76) in a research report sent to investors on Wednesday morning, The Fly reports.

A number of other equities research analysts have also commented on the company. Berenberg Bank dropped their price target on Fielmann Aktiengesellschaft from €41.00 ($41.84) to €30.00 ($30.61) and set a sell rating on the stock in a research report on Tuesday, September 6th. Oddo Bhf lowered Fielmann Aktiengesellschaft from an outperform rating to a neutral rating in a research report on Thursday, November 3rd.

Fielmann Aktiengesellschaft Stock Performance

Shares of FLMNF opened at $30.00 on Wednesday. Fielmann Aktiengesellschaft has a 1 year low of $30.00 and a 1 year high of $54.04. The stock’s 50-day moving average price is $32.49 and its two-hundred day moving average price is $45.39.

About Fielmann Aktiengesellschaft

(Get Rating)

Fielmann Aktiengesellschaft, together with its subsidiaries, engages in the investment in and operation of optical and hearing aid businesses. The company manufactures and sells visual aids and other optical products, including glasses, frames, lenses, sunglasses, contact lenses and accessories, and various merchandise, as well as hearing aids and accessories.

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