Fielmann Aktiengesellschaft (OTCMKTS:FLMNF) Given New €30.00 Price Target at Berenberg Bank

Fielmann Aktiengesellschaft (OTCMKTS:FLMNFGet Rating) had its price objective lowered by Berenberg Bank from €41.00 ($41.84) to €30.00 ($30.61) in a research note published on Tuesday morning, The Fly reports. The brokerage currently has a sell rating on the stock.

A number of other equities research analysts also recently commented on FLMNF. Cheuvreux downgraded Fielmann Aktiengesellschaft from a buy rating to a hold rating in a research report on Tuesday, July 5th. HSBC lowered Fielmann Aktiengesellschaft from a buy rating to a hold rating in a report on Tuesday, July 5th.

Fielmann Aktiengesellschaft Price Performance

Shares of OTCMKTS FLMNF opened at $36.37 on Tuesday. The stock has a fifty day moving average price of $49.99 and a two-hundred day moving average price of $57.03. Fielmann Aktiengesellschaft has a 1 year low of $36.37 and a 1 year high of $54.04.

Fielmann Aktiengesellschaft Company Profile

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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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