GEA Group (ETR:G1A) Rating Reaffirmed
Jefferies & Company Inc. now has a EUR 42.00 target on shares of GEA Group (ETR:G1A). The target may suggest a potential upside of 12.54% from the stock close price of GEA Group (ETR:G1A). This rating was disclosed to clients in an analyst note on Saturday, 5 December.
From a total of 18 analysts covering GEA Group (ETR:G1A) stock, 9 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is €57 while the lowest target price is €31. The mean of all analyst targets is €41.15 with a 10.29% above today’s (€37.31) stock price. GEA Group was the topic of 53 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on December 2 to “Buy” rating. Nomura upgraded shares to “Buy” rating and €39 target share price in a report from a November 3. Bankhaus Lampe upgraded G1A stock in a recent report from November 20 to “Buy” rating. Landesbank maintained the rating on October 29. Landesbank has a “Hold” rating and a €35 price target on shares. Finally, Warburg Research upgraded the stock to “Buy” rating in a report issued on a November 3.
The stock decreased 0.13% or EUR 0.05 on December 4, striking EUR 37.31. Approximately 537,254 shares of stock traded hands or 25.56% up from the average. GEA Group Aktiengesellschaft (ETR:G1A) has declined 12.48% since May 8, 2015 and is downtrending. It has underperformed by 9.69% the S&P500.
GEA Group AG is a German-based management holding firm of the GEA Group which provides systems for food and energy processes. The company has a market cap of 7.18 billion EUR. It operates five divisions: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. It has 36.02 P/E ratio. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.