GEA Group Aktiengesellschaft (ETR:G1A) received a €20.80 ($24.19) price objective from research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 28.20% from the stock’s current price.
Several other equities research analysts also recently commented on the stock. Royal Bank of Canada set a €24.00 ($27.91) target price on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Friday, October 25th. Commerzbank set a €32.00 ($37.21) target price on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, October 17th. Morgan Stanley set a €30.00 ($34.88) target price on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday, December 5th. Goldman Sachs Group set a €33.00 ($38.37) target price on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Nord/LB set a €28.00 ($32.56) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Friday, November 15th. Seven investment 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’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €25.87 ($30.08).
Shares of ETR G1A opened at €28.97 ($33.69) on Monday. The company’s 50 day simple moving average is €28.67 and its 200 day simple moving average is €25.39. GEA Group Aktiengesellschaft has a fifty-two week low of €19.09 ($22.20) and a fifty-two week high of €29.96 ($34.84). The firm has a market capitalization of $5.23 billion and a P/E ratio of 52.10. The company has a debt-to-equity ratio of 7.34, a current ratio of 1.32 and a quick ratio of 0.92.
About GEA Group Aktiengesellschaft
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.
Further Reading: What is the S&P/TSX Index?
Receive News & Ratings for GEA Group Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEA Group Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.