Barclays Analysts Give GEA Group Aktiengesellschaft (ETR:G1A) a €30.00 Price Target
Barclays set a €30.00 ($34.88) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts also recently weighed in on the stock. Royal Bank of Canada set a €24.00 ($27.91) target price on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. set a €23.00 ($26.74) price target on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research note on Thursday, August 22nd. Deutsche Bank set a €22.00 ($25.58) price target on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research report on Monday, July 22nd. Independent Research set a €20.00 ($23.26) price objective on GEA Group Aktiengesellschaft and gave the company a sell rating in a research note on Monday, August 12th. Finally, Kepler Capital Markets set a €29.00 ($33.72) price objective on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Tuesday, June 25th. Seven research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €24.79 ($28.83).
Shares of G1A stock opened at €27.12 ($31.53) on Monday. 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 firm has a market cap of $4.89 billion and a P/E ratio of 48.69. The firm’s 50 day moving average price is €23.09 and its 200-day moving average price is €23.68. GEA Group Aktiengesellschaft has a one year low of €19.09 ($22.20) and a one year high of €33.25 ($38.66).
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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