GEA Group Aktiengesellschaft (ETR:G1A) has been assigned a €23.00 ($26.74) target price by JPMorgan Chase & Co. in a research note issued to investors on Thursday, September 26th, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 9.59% from the company’s current price.
G1A has been the topic of several other research reports. Kepler Capital Markets set a €29.00 ($33.72) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a report on Tuesday, June 25th. Nord/LB set a €26.00 ($30.23) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research report on Wednesday, June 26th. Warburg Research set a €18.70 ($21.74) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Tuesday, August 6th. HSBC set a €24.00 ($27.91) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, August 29th. Finally, UBS Group set a €24.20 ($28.14) target price on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Wednesday, September 11th. Seven equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company’s stock. GEA Group Aktiengesellschaft currently has a consensus rating of “Hold” and a consensus target price of €24.83 ($28.87).
G1A stock traded up €0.62 ($0.72) during trading on Thursday, reaching €25.44 ($29.58). 304,770 shares of the company were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 52-week low of €19.09 ($22.20) and a 52-week high of €27.92 ($32.47). The company has a market cap of $4.59 billion and a P/E ratio of 45.67. 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 stock’s 50 day moving average price is €24.98 and its 200 day moving average price is €24.25.
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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