GEA Group Aktiengesellschaft (ETR:G1A) Given a €30.00 Price Target by The Goldman Sachs Group Analysts

GEA Group Aktiengesellschaft (ETR:G1A – Get Rating) has been assigned a €30.00 ($31.58) target price by analysts at The Goldman Sachs Group in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The Goldman Sachs Group’s price target points to a potential downside of 15.25% from the company’s current price.

A number of other research firms have also recently issued reports on G1A. Credit Suisse Group set a €40.00 ($42.11) price objective on GEA Group Aktiengesellschaft in a report on Monday, March 7th. Deutsche Bank Rese… set a €42.00 ($44.21) target price on GEA Group Aktiengesellschaft in a report on Friday, April 22nd. Baader Bank set a €46.00 ($48.42) target price on GEA Group Aktiengesellschaft in a report on Wednesday, April 20th. Barclays set a €46.00 ($48.42) target price on GEA Group Aktiengesellschaft in a report on Monday, April 4th. Finally, JPMorgan Chase & Co. set a €39.00 ($41.05) target price on GEA Group Aktiengesellschaft in a report on Friday, April 29th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, GEA Group Aktiengesellschaft currently has a consensus rating of “Hold” and a consensus price target of €42.93 ($45.19).

G1A opened at €35.40 ($37.26) on Friday. The business has a fifty day moving average of €37.48 and a 200 day moving average of €41.55. GEA Group Aktiengesellschaft has a 52-week low of €33.27 ($35.02) and a 52-week high of €48.55 ($51.11). The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 20.64. The stock has a market cap of $6.23 billion and a P/E ratio of 20.87.

GEA Group Aktiengesellschaft Company Profile (Get Rating)

GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. The company operates through five divisions: Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies.

Read More