Warburg Research Reiterates €17.00 Price Target for GEA Group Aktiengesellschaft (G1A)
GEA Group Aktiengesellschaft (ETR:G1A) received a €17.00 ($19.77) price objective from equities researchers at Warburg Research in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock. Warburg Research’s price target suggests a potential downside of 15.63% from the stock’s previous close.
Several other research analysts have also issued reports on the company. Nord/LB set a €28.00 ($32.56) price target on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Thursday, October 11th. Commerzbank set a €25.00 ($29.07) price target on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a report on Monday, October 29th. equinet set a €22.50 ($26.16) price objective on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Friday, November 23rd. Baader Bank set a €28.00 ($32.56) price objective on GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a research note on Monday, October 29th. Finally, Cfra set a €21.00 ($24.42) price objective on GEA Group Aktiengesellschaft and gave the stock a “sell” rating in a research note on Friday, November 23rd. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the company’s stock. GEA Group Aktiengesellschaft currently has a consensus rating of “Hold” and a consensus target price of €26.44 ($30.75).
Shares of ETR:G1A opened at €20.15 ($23.43) 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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