GEA Group (ETR:G1A) Stock Upgrade
The stock rating of GEA Group (ETR:G1A) shares was boosted by equity analysts at Bankhaus Lampe KG to a respectable Buy. They currently have a PT of EUR 44.00 on G1A. Bankhaus Lampe KG’s PT gives a possible upside of 15.88% from the previous close of the company.
From a total of 20 analysts covering GEA Group (ETR:G1A) stock, 9 rate it a ”Buy”, 1 a “Sell”, and 10 a ”Hold”. This means that 45% 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 €40.87 with a 7.55% above today’s (€38) stock price. GEA Group was the topic of 57 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on December 15 to “Buy” rating. Bankhaus Lampe upgraded shares to “Buy” rating and €44 target share price in a report from a November 20. Jefferies maintained G1A stock in a recent report from December 5 with “Hold” rating. UBS downgraded the rating on November 19. UBS has a “Sell” rating and a €31 price target on shares. Finally, Independent Research maintained the stock with “Hold” rating in a report issued on a November 21.
The stock increased 2.61% or EUR 0.97 on December 16, striking EUR 38. Approximately 671,858 shares of stock traded hands or 63.58% up from the average. GEA Group Aktiengesellschaft (ETR:G1A) has declined 9.34% since May 20, 2015 and is downtrending. It has underperformed by 6.71% 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 7.11 billion EUR. It operates five divisions: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. It has 36.68 P/E ratio. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.