GEA Group Aktiengesellschaft (ETR:G1A) Given a €30.00 Price Target by Morgan Stanley Analysts
GEA Group Aktiengesellschaft (ETR:G1A) has been given a €30.00 ($34.88) price target by equities research analysts at Morgan Stanley in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price target indicates a potential upside of 3.02% from the stock’s previous close.
A number of other analysts also recently commented on the company. DZ Bank reaffirmed a “sell” rating on shares of GEA Group Aktiengesellschaft in a research report on Tuesday, October 29th. Deutsche Bank set a €22.00 ($25.58) price objective on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Commerzbank set a €32.00 ($37.21) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a research report on Thursday, October 17th. JPMorgan Chase & Co. set a €20.80 ($24.19) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research report on Monday, December 9th. Finally, Independent Research set a €25.50 ($29.65) target price on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Monday, October 28th. Seven 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 company currently has an average rating of “Hold” and an average price target of €26.13 ($30.39).
Shares of GEA Group Aktiengesellschaft stock traded up €0.12 ($0.14) during mid-day trading on Tuesday, hitting €29.12 ($33.86). 113,470 shares of the stock were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 12 month low of €19.09 ($22.20) and a 12 month high of €30.32 ($35.26). The company has a 50-day simple moving average of €29.45 and a 200 day simple moving average of €26.18. The company has a market capitalization of $5.26 billion and a P/E ratio of 52.37. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.92 and a current ratio of 1.32.
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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