Goldman Sachs Group set a €30.00 ($34.88) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms have also recently commented on G1A. DZ Bank reiterated a sell rating on shares of GEA Group Aktiengesellschaft in a research note on Thursday, August 8th. Independent Research set a €20.00 ($23.26) target price on shares of GEA Group Aktiengesellschaft and gave the stock a sell rating in a research note on Monday, August 12th. Hauck & Aufhaeuser set a €20.00 ($23.26) target price on shares of GEA Group Aktiengesellschaft and gave the stock a sell rating in a research note on Wednesday, August 7th. Warburg Research set a €18.70 ($21.74) target price on shares of GEA Group Aktiengesellschaft and gave the stock a sell rating in a research note on Tuesday, August 6th. Finally, Commerzbank set a €21.00 ($24.42) target price on shares of GEA Group Aktiengesellschaft and gave the stock a sell rating in a research note on Tuesday, May 14th. Seven analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €24.74 ($28.77).
ETR:G1A opened at €23.96 ($27.86) on Wednesday. GEA Group Aktiengesellschaft has a fifty-two week low of €19.09 ($22.20) and a fifty-two week high of €33.59 ($39.06). The stock has a market capitalization of $4.32 billion and a P/E ratio of 43.02. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.87 and a current ratio of 1.26. The company’s 50-day simple moving average is €22.56 and its 200-day simple moving average is €23.44.
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: Treasury Bonds
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.