Bank of America Reiterates “€46.00” Price Target for GEA Group Aktiengesellschaft (G1A)

Bank of America set a €46.00 ($56.79) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a research report sent to investors on Tuesday, January 9th. The firm currently has a buy rating on the stock.

G1A has been the topic of several other research reports. Goldman Sachs Group set a €38.00 ($46.91) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research report on Tuesday, October 31st. Societe Generale set a €38.00 ($46.91) price objective on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research report on Friday, November 3rd. Morgan Stanley set a €44.00 ($54.32) price objective on GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Wednesday, December 13th. Deutsche Bank set a €45.00 ($55.56) price target on GEA Group Aktiengesellschaft and gave the company a buy rating in a research report on Wednesday, October 11th. Finally, UBS Group set a €38.00 ($46.91) price target on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of €40.86 ($50.44).

GEA Group Aktiengesellschaft (ETR G1A) traded down €0.84 ($1.04) during midday trading on Tuesday, hitting €39.21 ($48.41). The stock had a trading volume of 535,873 shares, compared to its average volume of 459,942. The company has a market capitalization of $7,550.00 and a P/E ratio of 28.41. GEA Group Aktiengesellschaft has a 52-week low of €34.06 ($42.05) and a 52-week high of €42.88 ($52.94).

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About GEA Group Aktiengesellschaft

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.

Analyst Recommendations for GEA Group Aktiengesellschaft (ETR:G1A)

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