UBS AG set a €38.00 ($44.19) target price on GEA Group Aktiengesellschaft (ETR:G1A) in a research note released on Thursday morning. The brokerage currently has a neutral rating on the stock.
G1A has been the subject of a number of other reports. Deutsche Bank AG set a €36.00 ($41.86) price target on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research report on Wednesday, September 13th. Credit Suisse Group set a €40.00 ($46.51) price target on GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Tuesday, August 15th. BNP Paribas set a €42.00 ($48.84) price target on GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Monday, July 24th. Morgan Stanley set a €41.00 ($47.67) target price on GEA Group Aktiengesellschaft and gave the stock a buy rating in a research note on Thursday, July 27th. Finally, Baader Bank set a €39.00 ($45.35) target price on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research note on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €40.67 ($47.30).
GEA Group Aktiengesellschaft (G1A) traded down €0.07 ($0.08) during trading hours on Thursday, reaching €39.95 ($46.45). 423,534 shares of the company traded hands, compared to its average volume of 623,969. GEA Group Aktiengesellschaft has a 52-week low of €33.15 ($38.55) and a 52-week high of €42.88 ($49.86).
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GEA Group Aktiengesellschaft Company Profile
GEA Group Aktiengesellschaft provides process technology and components for the food processing industry worldwide. It operates in two divisions, Business Area Equipment and Business Area Solutions. The Business Area Equipment division 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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