GEA Group Aktiengesellschaft (ETR:G1A) has been given a €23.00 ($26.74) target price by equities researchers at JPMorgan Chase & Co. in a research note issued on Thursday, September 26th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 9.59% from the company’s previous close.
G1A has been the subject of a number of other research reports. Independent Research set a €20.00 ($23.26) price target on GEA Group Aktiengesellschaft and gave the company a “sell” rating in a report on Monday, August 12th. UBS Group set a €24.20 ($28.14) price target on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a report on Wednesday, September 11th. Deutsche Bank set a €22.00 ($25.58) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Monday, July 22nd. Hauck & Aufhaeuser set a €20.00 ($23.26) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research note on Wednesday, August 7th. Finally, Baader Bank set a €21.00 ($24.42) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research note on Tuesday, August 6th. Seven investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €24.83 ($28.87).
Shares of ETR G1A traded up €0.62 ($0.72) during trading hours on Thursday, reaching €25.44 ($29.58). The stock had a trading volume of 304,770 shares, compared to its average volume of 492,805. The company has a current ratio of 1.26, a quick ratio of 0.87 and a debt-to-equity ratio of 7.34. The firm has a market cap of $4.59 billion and a price-to-earnings ratio of 45.67. The business’s fifty day moving average price is €24.98 and its two-hundred day moving average price is €24.25. GEA Group Aktiengesellschaft has a 52-week low of €19.09 ($22.20) and a 52-week high of €27.92 ($32.47).
GEA Group Aktiengesellschaft Company Profile
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.
Further Reading: Dividend Aristocrat Index
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.