Goldman Sachs Group set a €25.00 ($29.07) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also issued reports on the company. DZ Bank restated a buy rating on shares of DEUTSCHE POST A/S in a research report on Monday, May 13th. Royal Bank of Canada boosted their target price on from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the company an outperform rating in a research report on Monday, June 24th. Credit Suisse Group restated a buy rating and set a $241.00 target price on shares of FedEx in a research report on Monday, April 1st. Barclays set a $164.00 target price on Jazz Pharmaceuticals and gave the company a buy rating in a research report on Wednesday, July 3rd. Finally, Warburg Research set a €54.00 ($62.79) target price on Daimler and gave the company a neutral rating in a research report on Monday, June 24th. Seven research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of €24.38 ($28.35).
Shares of ETR:G1A traded down €0.59 ($0.69) during trading hours on Wednesday, hitting €22.21 ($25.83). 672,185 shares of the company’s stock traded hands, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 1 year low of €19.09 ($22.20) and a 1 year high of €34.60 ($40.23). The firm has a fifty day simple moving average of €24.70. The firm has a market cap of $4.01 billion and a price-to-earnings ratio of 28.58. The company has a quick ratio of 0.91, a current ratio of 1.32 and a debt-to-equity ratio of 22.87.
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: What is Net Asset Value (NAV)?
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.