GEA Group Aktiengesellschaft (ETR:G1A) has been given a €33.00 ($38.37) target price by analysts at Kepler Capital Markets in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 22.18% from the stock’s previous close.
A number of other equities research analysts have also commented on the stock. Goldman Sachs Group set a €34.00 ($39.53) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Thursday, September 20th. Commerzbank set a €32.00 ($37.21) price target on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Friday, August 31st. Nord/LB set a €28.00 ($32.56) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday, October 11th. JPMorgan Chase & Co. set a €38.50 ($44.77) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Monday, October 1st. Finally, Berenberg Bank set a €30.00 ($34.88) price target on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Wednesday, September 12th. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and five have given a buy rating to the stock. GEA Group Aktiengesellschaft presently has an average rating of “Hold” and an average target price of €32.73 ($38.06).
Shares of ETR:G1A traded up €0.90 ($1.05) during midday trading on Monday, reaching €27.01 ($31.41). 314,346 shares of the company were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a fifty-two week low of €34.06 ($39.60) and a fifty-two week high of €42.88 ($49.86).
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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