GEA Group (OTCMKTS:GEAGF) Rating Lowered to Hold at Berenberg Bank

GEA Group (OTCMKTS:GEAGF) was downgraded by equities researchers at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Separately, Zacks Research downgraded GEA Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Two analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

GEA Group Price Performance

GEAGF opened at $78.18 on Tuesday. The business’s fifty day moving average is $73.40 and its two-hundred day moving average is $71.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.70 and a current ratio of 1.06. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 30.54 and a beta of 0.17. GEA Group has a one year low of $63.21 and a one year high of $78.65.

GEA Group Company Profile

GEA Group AG is a German engineering company that develops and supplies equipment, systems and services for industries including food and beverages, pharmaceuticals, chemicals and dairy processing. Its technologies support the production, processing and packaging of products, as well as related cleaning and utility processes. The company’s offerings include process equipment, pumps, valves, separators, heat exchangers, filling and packaging systems, and integrated production solutions. GEA also provides installation, maintenance, modernization and other services to help customers operate and maintain their facilities.