GEA Group Aktiengesellschaft (G1A) PT Set at €35.00 by HSBC

GEA Group Aktiengesellschaft (ETR:G1A) has been given a €35.00 ($41.67) price target by stock analysts at HSBC in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the stock. HSBC’s price target would suggest a potential downside of 13.60% from the company’s previous close.

Several other equities analysts have also issued reports on G1A. Kepler Capital Markets set a €45.00 ($53.57) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a report on Thursday, October 12th. Goldman Sachs Group set a €37.00 ($44.05) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Tuesday. JPMorgan Chase & Co. set a €41.00 ($48.81) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Tuesday. Barclays set a €41.00 ($48.81) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “neutral” rating in a report on Monday, November 6th. Finally, Credit Suisse Group set a €44.00 ($52.38) price target on shares of GEA Group Aktiengesellschaft and gave the stock a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €40.86 ($48.64).

GEA Group Aktiengesellschaft (G1A) traded down €0.04 ($0.05) during midday trading on Thursday, reaching €40.51 ($48.23). 570,429 shares of the company’s stock traded hands, compared to its average volume of 456,343. GEA Group Aktiengesellschaft has a fifty-two week low of €34.06 ($40.55) and a fifty-two week high of €42.88 ($51.05). The stock has a market capitalization of $7,800.00 and a price-to-earnings ratio of 29.36.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2018/01/27/gea-group-aktiengesellschaft-g1a-pt-set-at-35-00-by-hsbc.html.

GEA Group Aktiengesellschaft Company Profile

GEA Group Aktiengesellschaft provides process technology and components for the food processing industry worldwide. It operates in two divisions, Business Area Equipment and Business Area Solutions. The Business Area Equipment division 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.

Analyst Recommendations for GEA Group Aktiengesellschaft (ETR:G1A)

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.

Leave a Reply