GEA Group Aktiengesellschaft (ETR:G1A) has been assigned a €21.50 ($25.00) price target by analysts at Royal Bank of Canada in a research report issued on Thursday. The firm currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price points to a potential downside of 9.40% from the stock’s current price.
G1A has been the subject of several other research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of GEA Group Aktiengesellschaft in a research report on Thursday, January 10th. Barclays set a €27.00 ($31.40) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Friday, December 7th. Hauck & Aufhaeuser set a €18.00 ($20.93) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Wednesday, February 6th. Cfra set a €21.00 ($24.42) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Friday, November 23rd. Finally, Independent Research set a €23.00 ($26.74) price objective on shares of GEA Group Aktiengesellschaft and gave the company a “sell” rating in a research note on Friday, November 23rd. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €24.63 ($28.64).
Shares of G1A traded up €2.35 ($2.73) during mid-day trading on Thursday, hitting €23.73 ($27.59). 1,395,894 shares of the company were exchanged, compared to its average volume of 492,805. GEA Group Aktiengesellschaft has a 1-year low of €34.06 ($39.60) and a 1-year 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.
Featured Story: How is the LIBOR rate calculated?
Receive News & Ratings for GEA Group Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEA Group Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.