Other research analysts have also recently issued research reports about the stock. Morgan Stanley set a €41.00 ($48.81) target price on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Thursday, October 5th. Kepler Capital Markets set a €41.00 ($48.81) target price on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Wednesday, September 27th. Hauck & Aufhaeuser set a €45.00 ($53.57) target price on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Wednesday, October 11th. Deutsche Bank set a €45.00 ($53.57) target price on shares of GEA Group Aktiengesellschaft and gave the stock a buy rating in a research report on Wednesday, October 11th. Finally, J P Morgan Chase & Co reiterated a buy rating on shares of GEA Group Aktiengesellschaft in a report on Monday, October 9th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €40.76 ($48.52).
GEA Group Aktiengesellschaft (G1A) traded down €0.30 ($0.36) during midday trading on Thursday, reaching €39.90 ($47.49). 395,082 shares of the company traded hands, compared to its average volume of 506,473. GEA Group Aktiengesellschaft has a twelve month low of €34.06 ($40.55) and a twelve month high of €42.88 ($51.05).
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About GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft provides process technology and components for the food processing industry worldwide. It operates in two divisions, Business Area Equipment and Business Area Solutions. The Business Area Equipment division 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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