GEA Group Aktiengesellschaft (G1A) PT Set at €27.00 by Barclays

Barclays set a €27.00 ($31.40) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a research report report published on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also recently commented on G1A. Kepler Capital Markets set a €38.00 ($44.19) target price on GEA Group Aktiengesellschaft and gave the company a buy rating in a report on Thursday, September 20th. Nord/LB set a €33.00 ($38.37) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Thursday, August 16th. Commerzbank set a €32.00 ($37.21) target price on GEA Group Aktiengesellschaft and gave the company a sell rating in a report on Friday, August 31st. Deutsche Bank set a €28.50 ($33.14) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Monday, November 5th. Finally, JPMorgan Chase & Co. set a €27.00 ($31.40) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Tuesday, November 27th. Four equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €29.75 ($34.60).

Shares of GEA Group Aktiengesellschaft stock opened at €22.27 ($25.90) on Friday. GEA Group Aktiengesellschaft has a 12 month low of €34.06 ($39.60) and a 12 month high of €42.88 ($49.86).

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.

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