GEA Group Aktiengesellschaft (ETR:G1A) has been given a €27.00 ($31.40) price objective by stock analysts at Bank of America in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Bank of America‘s price target would suggest a potential upside of 8.78% from the company’s previous close.
A number of other research firms also recently weighed in on G1A. Kepler Capital Markets set a €29.00 ($33.72) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a research report on Friday, September 27th. Independent Research set a €23.50 ($27.33) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Friday, September 27th. Goldman Sachs Group set a €30.00 ($34.88) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a research report on Thursday, September 26th. Nord/LB set a €26.00 ($30.23) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Tuesday, October 1st. Finally, UBS Group set a €24.20 ($28.14) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, September 26th. Seven equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. GEA Group Aktiengesellschaft has an average rating of “Hold” and a consensus target price of €24.83 ($28.87).
Shares of G1A stock traded down €0.16 ($0.19) during mid-day trading on Thursday, reaching €24.82 ($28.86). 568,171 shares of the company were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a fifty-two week low of €19.09 ($22.20) and a fifty-two week high of €30.67 ($35.66). The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.87 and a current ratio of 1.26. The company has a market capitalization of $4.48 billion and a P/E ratio of 44.56. The business’s 50 day simple moving average is €24.87 and its 200 day simple moving average is €24.24.
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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