GEA Group Aktiengesellschaft (ETR:G1A) Given a €30.00 Price Target by Morgan Stanley Analysts
Morgan Stanley set a €30.00 ($34.88) price target on GEA Group Aktiengesellschaft (ETR:G1A) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also issued research reports about the stock. Nord/LB set a €28.00 ($32.56) price target on shares of GEA Group Aktiengesellschaft and gave the stock a neutral rating in a report on Friday, November 15th. Barclays set a €35.00 ($40.70) price target on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a report on Wednesday, January 8th. DZ Bank reiterated a sell rating on shares of GEA Group Aktiengesellschaft in a report on Tuesday, October 29th. JPMorgan Chase & Co. set a €20.80 ($24.19) price target on shares of GEA Group Aktiengesellschaft and gave the stock a sell rating in a report on Monday, December 9th. Finally, Commerzbank set a €32.00 ($37.21) price target on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a report on Thursday, October 17th. Seven equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €26.13 ($30.39).
Shares of ETR:G1A opened at €28.95 ($33.66) on Tuesday. The firm has a market cap of $5.29 billion and a PE ratio of 52.07. The firm’s fifty day moving average is €29.44 and its 200-day moving average is €26.20. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.92 and a current ratio of 1.32. GEA Group Aktiengesellschaft has a 52 week low of €19.09 ($22.20) and a 52 week high of €30.32 ($35.26).
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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