Baader Bank set a €27.00 ($31.40) target price on GEA Group Aktiengesellschaft (ETR:G1A) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
G1A has been the topic of several other research reports. Morgan Stanley set a €30.00 ($34.88) price target on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Thursday. Warburg Research reissued a sell rating and set a price objective on shares of GEA Group Aktiengesellschaft in a research note on Friday, October 25th. Nord/LB set a €28.00 ($32.56) price objective on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research report on Friday, November 15th. JPMorgan Chase & Co. set a €21.50 ($25.00) target price on GEA Group Aktiengesellschaft and gave the company a sell rating in a research note on Friday, October 25th. Finally, Deutsche Bank set a €22.00 ($25.58) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Wednesday, October 30th. Seven research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €25.91 ($30.12).
Shares of G1A opened at €29.43 ($34.22) on Thursday. The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 7.34. The stock has a market cap of $5.31 billion and a P/E ratio of 52.93. The company has a 50-day moving average of €28.47 and a two-hundred day moving average of €25.30. GEA Group Aktiengesellschaft has a 12-month low of €19.09 ($22.20) and a 12-month high of €29.96 ($34.84).
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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