Morgan Stanley set a €30.00 ($34.88) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Commerzbank set a €32.00 ($37.21) target price on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Thursday, October 17th. 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 Friday, October 25th. Barclays set a €30.00 ($34.88) price objective on GEA Group Aktiengesellschaft and gave the stock a buy rating in a report on Monday, November 4th. UBS Group set a €24.20 ($28.14) price objective on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research report on Wednesday, November 13th. Finally, Warburg Research restated a sell rating and issued a target price on shares of GEA Group Aktiengesellschaft in a research note on Friday, October 25th. Seven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of €25.91 ($30.12).
G1A traded up €0.43 ($0.50) on Thursday, reaching €29.43 ($34.22). 196,767 shares of the company traded hands, compared to its average volume of 492,805. The stock’s 50 day moving average price is €28.41 and its 200-day moving average price is €25.27. GEA Group Aktiengesellschaft has a 52-week low of €19.09 ($22.20) and a 52-week high of €29.96 ($34.84). The company has a market cap of $5.31 billion and a price-to-earnings ratio of 52.93. The company has a debt-to-equity ratio of 7.34, a current ratio of 1.32 and a quick ratio of 0.92.
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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