GEA Group Aktiengesellschaft (ETR:G1A) has been given a €18.50 ($20.79) price objective by research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 34.49% from the stock’s previous close.
Other equities analysts have also issued reports about the stock. UBS Group set a €27.00 ($30.34) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, May 21st. Independent Research set a €25.00 ($28.09) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Tuesday, June 2nd. Barclays set a €31.00 ($34.83) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Deutsche Bank set a €15.00 ($16.85) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Friday, May 15th. Finally, HSBC set a €24.00 ($26.97) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Wednesday, May 20th. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of €24.29 ($27.29).
Shares of ETR:G1A traded up €0.09 ($0.10) during trading on Thursday, reaching €28.24 ($31.73). 427,234 shares of the company were exchanged, compared to its average volume of 492,805. The firm has a market capitalization of $5.10 billion and a PE ratio of -29.82. The business’s fifty day simple moving average is €26.72 and its 200-day simple moving average is €25.24. GEA Group Aktiengesellschaft has a 12-month low of €13.16 ($14.79) and a 12-month high of €30.32 ($34.07). The company has a debt-to-equity ratio of 23.44, a current ratio of 1.30 and a quick ratio of 0.90.
GEA Group Aktiengesellschaft Company Profile
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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