GEA Group Aktiengesellschaft (ETR:G1A) PT Set at €28.00 by Nord/LB
GEA Group Aktiengesellschaft (ETR:G1A) has been given a €28.00 ($32.56) price objective by analysts at Nord/LB in a note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Nord/LB’s price target would indicate a potential downside of 4.24% from the stock’s previous close.
Several other analysts also recently weighed in on the company. Royal Bank of Canada set a €24.00 ($27.91) target price on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Friday, October 25th. UBS Group set a €24.20 ($28.14) price target on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Wednesday. Independent Research set a €25.50 ($29.65) price target on GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Monday, October 28th. Barclays set a €30.00 ($34.88) price target on GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Kepler Capital Markets set a €32.00 ($37.21) price target on GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, November 7th. Eight research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. GEA Group Aktiengesellschaft has a consensus rating of “Hold” and an average target price of €24.94 ($29.00).
Shares of ETR:G1A traded up €0.26 ($0.30) on Friday, hitting €29.24 ($34.00). 299,260 shares of the company’s stock were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 12 month low of €19.09 ($22.20) and a 12 month high of €29.12 ($33.86). The stock has a market capitalization of $5.28 billion and a price-to-earnings ratio of 52.59. The business’s 50 day simple moving average is €26.72 and its two-hundred day simple moving average is €24.83. The company has a debt-to-equity ratio of 7.34, a current ratio of 1.32 and a quick ratio of 0.92.
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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