GEA Group Aktiengesellschaft (ETR:G1A) has been given a €27.00 ($31.40) price objective by research analysts at Bank of America in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Bank of America‘s price target points to a potential upside of 8.78% from the company’s previous close.
A number of other brokerages also recently commented on G1A. Royal Bank of Canada set a €24.00 ($27.91) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. set a €23.00 ($26.74) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Thursday, September 26th. Pareto Securities set a €22.00 ($25.58) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Thursday, August 8th. Deutsche Bank set a €22.00 ($25.58) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Thursday. Finally, DZ Bank reaffirmed a “sell” rating on shares of GEA Group Aktiengesellschaft in a research note on Thursday, August 8th. Seven analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €24.83 ($28.87).
GEA Group Aktiengesellschaft stock traded down €0.16 ($0.19) during trading hours on Thursday, reaching €24.82 ($28.86). 568,171 shares of the stock were exchanged, compared to its average volume of 492,805. The stock has a market cap of $4.48 billion and a P/E ratio of 44.56. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.87 and a current ratio of 1.26. GEA Group Aktiengesellschaft has a 52-week low of €19.09 ($22.20) and a 52-week high of €30.67 ($35.66). The firm’s 50 day moving average is €24.87 and its 200 day moving average is €24.24.
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.
Read More: Short Selling Stocks, A Beginner’s Guide
Receive News & Ratings for GEA Group Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEA Group Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.