GEA Group Aktiengesellschaft (G1A) PT Set at €37.00 by Royal Bank of Canada
GEA Group Aktiengesellschaft (ETR:G1A) has been given a €37.00 ($43.02) price target by stock analysts at Royal Bank of Canada in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 44.47% from the company’s current price.
Several other equities analysts have also commented on the company. equinet set a €33.00 ($38.37) price target on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday. Goldman Sachs Group set a €34.00 ($39.53) price objective on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a report on Thursday. Baader Bank set a €34.00 ($39.53) price objective on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a report on Thursday. UBS Group set a €35.00 ($40.70) price objective on GEA Group Aktiengesellschaft and gave the company a “neutral” rating in a report on Thursday. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a price objective on shares of GEA Group Aktiengesellschaft in a report on Monday, October 8th. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €34.10 ($39.65).
Shares of GEA Group Aktiengesellschaft stock opened at €25.61 ($29.78) on Thursday. GEA Group Aktiengesellschaft has a 52 week low of €34.06 ($39.60) and a 52 week 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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