JPMorgan Chase & Co. Reiterates €29.00 Price Target for GEA Group Aktiengesellschaft (G1A)

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JPMorgan Chase & Co. set a €29.00 ($33.72) target price on GEA Group Aktiengesellschaft (ETR:G1A) in a research note issued to investors on Monday morning. The firm currently has a neutral rating on the stock.

A number of other analysts have also recently issued reports on G1A. Deutsche Bank set a €37.00 ($43.02) target price on shares of GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Tuesday, July 31st. DZ Bank reiterated a sell rating on shares of GEA Group Aktiengesellschaft in a research note on Tuesday, July 3rd. Baader Bank set a €28.00 ($32.56) target price on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Tuesday, October 23rd. Societe Generale set a €36.00 ($41.86) target price on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Monday, July 30th. Finally, Barclays set a €34.00 ($39.53) target price on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Tuesday, July 31st. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €31.97 ($37.17).

ETR G1A opened at €26.86 ($31.23) on Monday. 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 Company Profile

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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