GEA Group Aktiengesellschaft (ETR:G1A) has been assigned a €27.00 ($31.40) target price by research analysts at Baader Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Baader Bank’s price objective indicates a potential downside of 6.90% from the stock’s previous close.
A number of other equities research analysts have also commented on G1A. HSBC set a €24.00 ($27.91) price target on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. set a €21.50 ($25.00) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research note on Friday, October 25th. Nord/LB set a €28.00 ($32.56) price target on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Friday, November 15th. Morgan Stanley set a €30.00 ($34.88) price target on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday. Finally, DZ Bank reiterated a “sell” rating on shares of GEA Group Aktiengesellschaft in a report on Tuesday, October 29th. Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. GEA Group Aktiengesellschaft has an average rating of “Hold” and an average target price of €25.91 ($30.12).
G1A traded down €0.20 ($0.23) during midday trading on Thursday, reaching €29.00 ($33.72). 473,134 shares of the company’s stock were exchanged, compared to its average volume of 492,805. The firm has a market capitalization of $5.27 billion and a price-to-earnings ratio of 52.16. The business has a 50-day simple moving average of €28.36 and a two-hundred day simple moving average of €25.25. The company has a quick ratio of 0.92, a current ratio of 1.32 and a debt-to-equity ratio of 7.34. GEA Group Aktiengesellschaft has a one year low of €19.09 ($22.20) and a one year high of €29.96 ($34.84).
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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