GEA Group Aktiengesellschaft (ETR:G1A) received a €30.00 ($34.88) price objective from Barclays in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Barclays‘s price objective indicates a potential upside of 13.46% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. Hauck & Aufhaeuser set a €20.00 ($23.26) target price on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Wednesday, August 7th. Nord/LB set a €26.00 ($30.23) target price on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Wednesday, June 26th. Goldman Sachs Group set a €30.00 ($34.88) target price on GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a research report on Thursday, August 29th. Pareto Securities set a €22.00 ($25.58) target price on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, August 8th. Finally, HSBC set a €24.00 ($27.91) price target on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Seven research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €24.57 ($28.56).
ETR G1A opened at €26.44 ($30.74) on Tuesday. The company has a current ratio of 1.26, a quick ratio of 0.87 and a debt-to-equity ratio of 7.34. The business’s 50 day moving average is €23.72 and its two-hundred day moving average is €23.86. GEA Group Aktiengesellschaft has a 12-month low of €19.09 ($22.20) and a 12-month high of €33.25 ($38.66). The stock has a market capitalization of $4.77 billion and a price-to-earnings ratio of 47.47.
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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