Goldman Sachs Group set a €25.00 ($29.07) price target on GEA Group Aktiengesellschaft (ETR:G1A) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
G1A has been the topic of a number of other research reports. Royal Bank of Canada raised their price target on shares of from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the stock an outperform rating in a report on Monday, June 24th. Credit Suisse Group reissued a buy rating and issued a $241.00 price target on shares of FedEx in a report on Monday, April 1st. Jefferies Financial Group set a €50.00 ($58.14) price target on shares of Lanxess and gave the stock a neutral rating in a report on Tuesday, May 14th. Independent Research set a €79.00 ($91.86) price target on shares of Krones and gave the stock a neutral rating in a report on Monday, May 20th. Finally, Barclays set a $164.00 price target on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a report on Wednesday, July 3rd. Seven equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of €24.38 ($28.35).
G1A stock opened at €22.24 ($25.86) on Wednesday. The company has a debt-to-equity ratio of 22.87, a quick ratio of 0.91 and a current ratio of 1.32. GEA Group Aktiengesellschaft has a 52 week low of €19.09 ($22.20) and a 52 week high of €34.60 ($40.23). The firm’s fifty day simple moving average is €24.65. The company has a market cap of $4.01 billion and a price-to-earnings ratio of 28.62.
About GEA Group Aktiengesellschaft
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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