Goldman Sachs Group, Inc. (The) Reiterates €35.50 Price Target for GEA Group Aktiengesellschaft (G1A)
GEA Group Aktiengesellschaft (ETR:G1A) received a €35.50 ($41.76) price target from research analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock.
Several other analysts also recently issued reports on the stock. S&P Global set a €30.00 ($35.29) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a report on Monday, July 17th. Nord/LB set a €35.00 ($41.18) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Tuesday, July 18th. Credit Suisse Group set a €42.00 ($49.41) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a report on Tuesday, July 4th. Morgan Stanley set a €45.00 ($52.94) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a report on Wednesday, July 5th. Finally, Macquarie set a €42.00 ($49.41) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €40.00 ($47.06).
Shares of GEA Group Aktiengesellschaft (G1A) opened at 40.23 on Tuesday. The company has a market cap of €7.45 billion and a P/E ratio of 27.69. GEA Group Aktiengesellschaft has a 52-week low of €32.10 and a 52-week high of €47.75. The stock has a 50 day moving average of €37.96 and a 200 day moving average of €37.83.
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About GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft provides process technology and components for the food processing industry worldwide. It operates in two divisions, Business Area Equipment and Business Area Solutions. The Business Area Equipment division 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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