Kepler Cheuvreux Gives GEA Group (ETR:G1A) a Higher Rating. Will Other Analysts Follow Suit?


GEA Group (ETR:G1A) Stock Upgrade

The equities rating of GEA Group (ETR:G1A) shares was raised by equity analysts at Kepler Cheuvreux to a respectable “Buy” rating in an analyst note shared with investors on Wednesday morning. The firm Kepler Cheuvreux has a EUR 45.00 TP on the stock. Kepler Cheuvreux’s TP gives a possible upside of 19.65%.

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 9.16% above today’s (€37.44) stock price. GEA Group was the topic of 56 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on December 9 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.

Approximately 115,986 shares of stock traded hands. GEA Group Aktiengesellschaft (ETR:G1A) has declined 9.34% since May 12, 2015 and is downtrending. It has underperformed by 8.54% the S&P500.

 Kepler Cheuvreux Gives GEA Group (ETR:G1A) a Higher Rating. Will Other Analysts Follow Suit?

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 7.30 billion EUR. It operates five divisions: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. It has 36.14 P/E ratio. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.