GEA Group Aktiengesellschaft (ETR:G1A) received a €28.00 ($32.56) target price from Nord/LB in a research note issued on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s target price indicates a potential downside of 4.24% from the company’s previous close.
Several other research analysts have also recently issued reports on G1A. DZ Bank reissued a “sell” rating on shares of GEA Group Aktiengesellschaft in a research report on Tuesday, October 29th. Pareto Securities set a €22.00 ($25.58) target price on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, August 8th. Independent Research set a €25.50 ($29.65) target price on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Monday, October 28th. Warburg Research reissued a “sell” rating and issued a target price on shares of GEA Group Aktiengesellschaft in a research report on Friday, October 25th. Finally, HSBC set a €24.00 ($27.91) target price on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Thursday, October 31st. Eight analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. GEA Group Aktiengesellschaft presently has an average rating of “Hold” and a consensus price target of €24.94 ($29.00).
ETR:G1A traded up €0.26 ($0.30) on Friday, hitting €29.24 ($34.00). The stock had a trading volume of 299,260 shares, compared to its average volume of 492,805. The stock has a market cap of $5.28 billion and a price-to-earnings ratio of 52.59. The company has a quick ratio of 0.92, a current ratio of 1.32 and a debt-to-equity ratio of 7.34. The business’s 50-day simple moving average is €26.78 and its two-hundred day simple moving average is €24.84. GEA Group Aktiengesellschaft has a 52-week low of €19.09 ($22.20) and a 52-week high of €29.12 ($33.86).
About GEA Group Aktiengesellschaft
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.
Featured Story: Stock Symbol
Receive News & Ratings for GEA Group Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEA Group Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.