GEA Group Aktiengesellschaft (ETR:G1A) PT Set at €27.00 by Goldman Sachs Group
Goldman Sachs Group set a €27.00 ($30.34) price target on GEA Group Aktiengesellschaft (ETR:G1A) in a report published on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts also recently commented on G1A. UBS Group set a €27.00 ($30.34) price objective on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Thursday, May 21st. DZ Bank reiterated a sell rating on shares of GEA Group Aktiengesellschaft in a research note on Monday, May 18th. Baader Bank set a €20.00 ($22.47) price objective on shares of GEA Group Aktiengesellschaft and gave the company a sell rating in a report on Friday, May 15th. JPMorgan Chase & Co. reissued a sell rating on shares of GEA Group Aktiengesellschaft in a report on Thursday, July 9th. Finally, Credit Suisse Group set a €22.00 ($24.72) price target on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research report on Thursday, May 28th. Seven analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €24.61 ($27.65).
Shares of G1A stock opened at €30.76 ($34.56) on Friday. The company has a debt-to-equity ratio of 23.44, a quick ratio of 0.90 and a current ratio of 1.30. The firm has a market cap of $5.47 billion and a price-to-earnings ratio of -32.00. GEA Group Aktiengesellschaft has a 52 week low of €13.16 ($14.79) and a 52 week high of €30.32 ($34.07). The firm’s 50-day simple moving average is €28.33 and its two-hundred day simple moving average is €25.25.
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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