GEA Group Aktiengesellschaft (OTCMKTS:GEAGY)‘s stock had its “hold” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, The Fly reports.
A number of other research analysts have also weighed in on GEAGY. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of GEA Group Aktiengesellschaft in a research note on Monday, November 9th. Barclays reaffirmed an “overweight” rating on shares of GEA Group Aktiengesellschaft in a research note on Thursday, October 22nd. Zacks Investment Research upgraded shares of GEA Group Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Friday, November 13th. Finally, Morgan Stanley restated an “equal weight” rating on shares of GEA Group Aktiengesellschaft in a report on Thursday, October 15th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $40.00.
Shares of GEAGY opened at $36.96 on Tuesday. GEA Group Aktiengesellschaft has a 12 month low of $15.22 and a 12 month high of $39.10. The stock has a fifty day moving average price of $35.26 and a 200-day moving average price of $35.36. The company has a current ratio of 1.35, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. The firm has a market cap of $6.67 billion, a PE ratio of -31.86 and a beta of 1.16.
GEA Group Aktiengesellschaft engages in the development and production of systems 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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