GEA Group (OTCMKTS:GEAGF) Stock Gets Downgrade from Berenberg Bank

GEA Group (OTCMKTS:GEAGF) was downgraded by stock analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Separately, Zacks Research cut shares of GEA Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Two equities research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold”.

GEA Group Stock Performance

OTCMKTS:GEAGF opened at $78.18 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.06 and a debt-to-equity ratio of 0.08. The company has a market cap of $12.73 billion, a P/E ratio of 30.54 and a beta of 0.17. GEA Group has a fifty-two week low of $63.21 and a fifty-two week high of $78.65. The firm’s 50 day moving average is $73.40 and its two-hundred day moving average is $71.35.

GEA Group Company Profile

GEA Group AG is a German engineering company that develops and supplies equipment, systems and services for industries including food and beverages, pharmaceuticals, chemicals and dairy processing. Its technologies support the production, processing and packaging of products, as well as related cleaning and utility processes. The company’s offerings include process equipment, pumps, valves, separators, heat exchangers, filling and packaging systems, and integrated production solutions. GEA also provides installation, maintenance, modernization and other services to help customers operate and maintain their facilities.