HSBC set a €21.00 ($24.42) price objective on GEA Group Aktiengesellschaft (ETR:G1A) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
G1A has been the subject of several other reports. Morgan Stanley set a €30.00 ($34.88) price objective on GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Tuesday, January 14th. Goldman Sachs Group set a €24.00 ($27.91) price objective on GEA Group Aktiengesellschaft and gave the company a buy rating in a report on Friday, March 20th. UBS Group set a €29.00 ($33.72) price objective on GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Tuesday, March 17th. Kepler Capital Markets set a €34.00 ($39.53) price target on GEA Group Aktiengesellschaft and gave the stock a buy rating in a report on Tuesday, January 28th. Finally, Baader Bank set a €27.00 ($31.40) price target on GEA Group Aktiengesellschaft and gave the stock a sell rating in a report on Tuesday, March 17th. Seven research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. GEA Group Aktiengesellschaft currently has an average rating of Hold and a consensus target price of €25.21 ($29.31).
Shares of ETR G1A opened at €18.15 ($21.10) on Monday. The stock has a fifty day simple moving average of €23.23 and a two-hundred day simple moving average of €26.76. GEA Group Aktiengesellschaft has a 1-year low of €17.55 ($20.41) and a 1-year high of €30.32 ($35.26). The firm has a market cap of $3.42 billion and a price-to-earnings ratio of 32.64. The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 7.34.
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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