Gates Industrial (GTES) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Gates Industrial (NYSE: GTES) in the last few weeks:

• 8/8/2026 – Gates Industrial was upgraded by Wall Street Zen from “hold” to “strong-buy”.
• 8/3/2026 – Gates Industrial was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 8/3/2026 – Gates Industrial had its price target raised by Citigroup Inc. from $33.00 to $35.00. They now have a “buy” rating on the stock.
• 8/3/2026 – Gates Industrial had its price target raised by KeyCorp from $31.00 to $34.00. They now have an “overweight” rating on the stock.
• 8/3/2026 – Gates Industrial had its price target raised by JPMorgan Chase & Co. from $32.00 to $34.00. They now have an “overweight” rating on the stock.
• 8/3/2026 – Gates Industrial had its price target raised by Royal Bank Of Canada from $33.00 to $34.00. They now have an “outperform” rating on the stock.
• 8/3/2026 – Gates Industrial had its price target raised by Wells Fargo & Company from $26.00 to $30.00. They now have an “equal weight” rating on the stock.
• 8/3/2026 – Gates Industrial had its price target raised by Robert W. Baird from $37.00 to $39.00. They now have an “outperform” rating on the stock.
• 7/25/2026 – Gates Industrial was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/16/2026 – Gates Industrial had its price target raised by Royal Bank Of Canada from $30.00 to $33.00. They now have an “outperform” rating on the stock.
• 7/9/2026 – Gates Industrial had its “outperform” rating reaffirmed by Wolfe Research. They now have a $33.00 price target on the stock.
• 6/29/2026 – Gates Industrial had its “hold (c+)” rating reaffirmed by Weiss Ratings.

Insiders Place Their Bets

In other Gates Industrial news, Director Peifang Zhang sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $29.56, for a total transaction of $177,360.00. Following the transaction, the director owned 44,044 shares of the company’s stock, valued at $1,301,940.64. The trade was a 11.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.80% of the stock is currently owned by corporate insiders.

Gates Industrial Corporation PLC (NYSE: GTES) is a leading global manufacturer of engineered power transmission belts and fluid power products. The company’s portfolio includes synchronous belts, V-belts, hose assemblies, fittings and hydraulic components designed to support a wide range of industrial and automotive applications. Gates Industrial serves sectors such as agriculture, mining, construction, manufacturing, transportation and consumer markets, offering solutions that improve performance, reliability and efficiency in demanding operating environments.

In its power transmission segment, Gates Industrial produces high-strength belts engineered for precise motion control and minimal maintenance.