GEA Group Aktiengesellschaft (ETR:G1A) has been given a €35.00 ($43.21) price target by HSBC in a report released on Thursday, January 25th. The firm currently has a “neutral” rating on the stock. HSBC’s price target indicates a potential downside of 5.48% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on G1A. Commerzbank set a €43.00 ($53.09) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research report on Wednesday, September 27th. Baader Bank set a €39.00 ($48.15) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Wednesday, September 27th. Kepler Capital Markets set a €41.00 ($50.62) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Morgan Stanley set a €41.00 ($50.62) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a research note on Thursday, October 5th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of GEA Group Aktiengesellschaft in a research note on Monday, October 9th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €40.67 ($50.21).
GEA Group Aktiengesellschaft (ETR:G1A) traded up €0.42 ($0.52) during mid-day trading on Thursday, hitting €37.03 ($45.72). 382,436 shares of the stock were exchanged, compared to its average volume of 498,175. GEA Group Aktiengesellschaft has a 52 week low of €34.06 ($42.05) and a 52 week high of €42.88 ($52.94). The firm has a market cap of $7,050.00 and a P/E ratio of 26.83.
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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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