GEA Group Aktiengesellschaft (ETR:G1A) received a €34.00 ($39.53) price target from Goldman Sachs Group in a research report issued to clients and investors on Thursday, September 20th. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 32.76% from the company’s previous close.
A number of other analysts also recently commented on G1A. Nord/LB set a €33.00 ($38.37) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Friday, June 1st. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of GEA Group Aktiengesellschaft in a report on Monday, July 9th. Berenberg Bank set a €30.00 ($34.88) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Wednesday, September 12th. Deutsche Bank set a €37.00 ($43.02) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a report on Tuesday, July 31st. Finally, Kepler Capital Markets set a €38.00 ($44.19) price target on shares of GEA Group Aktiengesellschaft and gave the company a “buy” rating in a report on Thursday, June 14th. Four analysts have rated the stock with a sell rating, seventeen have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €34.10 ($39.65).
Shares of G1A stock traded down €0.56 ($0.65) during midday trading on Thursday, reaching €25.61 ($29.78). 967,509 shares of the company were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 12 month low of €34.06 ($39.60) and a 12 month high of €42.88 ($49.86).
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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