GAM has registered its third best session since its flotation in the Spanish Stock exchange last June 13th at an IPO reference price of €8.25 per share. Today it has moved up 6.81%, setting its price at €10.51 per share, this was surpassed only by Sniace that, due to the expectations placed in bioethanol, has raised an impressive 11.81%.
This good performance has probably been driven by the recommendation made by Ibersecurities, that has advised to purchase the shares of GAM at a goal price of €12.5 per share.
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