Barclays PLC Reiterates €41.00 Price Target for GEA Group Aktiengesellschaft (G1A)
GEA Group Aktiengesellschaft (ETR:G1A) has been given a €41.00 ($48.24) price target by equities researchers at Barclays PLC in a research note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.
A number of other equities analysts also recently weighed in on G1A. Morgan Stanley set a €41.00 ($48.24) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a report on Monday. J P Morgan Chase & Co set a €41.00 ($48.24) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a report on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a €35.50 ($41.76) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. S&P Global set a €30.00 ($35.29) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a report on Wednesday, July 26th. Finally, Commerzbank Ag set a €40.00 ($47.06) target price on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €38.93 ($45.79).
Shares of GEA Group Aktiengesellschaft (ETR:G1A) opened at 38.045 on Monday. The company’s 50 day moving average is €36.67 and its 200 day moving average is €38.03. The company has a market capitalization of €7.05 billion and a P/E ratio of 26.184. GEA Group Aktiengesellschaft has a 12-month low of €32.10 and a 12-month high of €50.02.
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About GEA Group Aktiengesellschaft
GEA Group AG is a German-based management holding company of the GEA Group which provides systems for food and energy processes. It operates five segments: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.
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