Goldman Sachs Group set a €25.00 ($29.07) price target on GEA Group Aktiengesellschaft (ETR:G1A) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts have also issued reports on the stock. Hauck & Aufhaeuser set a €34.00 ($39.53) target price on shares of Jenoptik and gave the company a buy rating in a research report on Friday, May 10th. Independent Research set a €79.00 ($91.86) price target on shares of Krones and gave the company a neutral rating in a report on Monday, May 20th. Nord/LB set a €26.00 ($30.23) price target on shares of GEA Group Aktiengesellschaft and gave the company a neutral rating in a report on Wednesday, June 26th. Jefferies Financial Group set a €50.00 ($58.14) price target on shares of Lanxess and gave the company a neutral rating in a report on Tuesday, May 14th. Finally, Commerzbank set a €21.00 ($24.42) price target on shares of GEA Group Aktiengesellschaft and gave the company a sell rating in a report on Tuesday, May 14th. Seven research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €24.38 ($28.35).
Shares of ETR G1A opened at €22.24 ($25.86) on Wednesday. The firm’s 50 day simple moving average is €24.65. The company has a debt-to-equity ratio of 22.87, a current ratio of 1.32 and a quick ratio of 0.91. The company has a market capitalization of $4.01 billion and a price-to-earnings ratio of 28.62. GEA Group Aktiengesellschaft has a 12-month low of €19.09 ($22.20) and a 12-month high of €34.60 ($40.23).
GEA Group Aktiengesellschaft focuses on the development and production of process technology and components for the food processing industry worldwide. It operates in two segments, Business Area Equipment and Business Area Solutions. The Business Area Equipment segment 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.
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