Baader Bank Analysts Give GEA Group Aktiengesellschaft (G1A) a €21.00 Price Target
GEA Group Aktiengesellschaft (ETR:G1A) has been given a €21.00 ($24.42) price target by research analysts at Baader Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Baader Bank’s price target points to a potential downside of 18.38% from the stock’s current price.
Several other brokerages have also recently weighed in on G1A. Kepler Capital Markets set a €25.00 ($29.07) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research report on Thursday, March 14th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of GEA Group Aktiengesellschaft in a research report on Thursday, January 10th. Goldman Sachs Group set a €27.00 ($31.40) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research report on Thursday, February 7th. Credit Suisse Group set a €21.00 ($24.42) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research report on Monday, April 1st. Finally, Deutsche Bank set a €18.00 ($20.93) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research report on Friday, March 15th. Seven equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. GEA Group Aktiengesellschaft currently has an average rating of “Hold” and an average target price of €23.87 ($27.75).
Shares of G1A stock traded up €0.08 ($0.09) on Monday, hitting €25.73 ($29.92). 240,334 shares of the stock traded hands, compared to its average volume of 492,805. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 13.33. The stock has a market cap of $4.64 billion and a price-to-earnings ratio of 40.97. GEA Group Aktiengesellschaft has a twelve month low of €19.09 ($22.20) and a twelve month high of €34.80 ($40.47).
GEA Group Aktiengesellschaft focuses on the development and production of process technology and components for the food processing industry worldwide. It operates in two segments, Business Area Equipment and Business Area Solutions. The Business Area Equipment segment offers separators, valves, pumps, homogenizers, and refrigeration compressors, as well as process technology solutions for food processing and packaging applications; and dairy equipment, feeding systems, and slurry engineering solutions.
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