GEA Group (ETR:G1A) Rating Restated
In an analyst note revealed on Friday, 2 October, GEA Group (ETR:G1A) stock Neutral was reaffirmed by Analysts at Oddo Seydler Bank AG. They currently have a EUR 36.00 target price per share on the stock. Oddo Seydler Bank AG’s target price per share means a potential upside of 7.53% from the company’s stock close price.
ETR:G1A is currently trading -1.73% lower at EUR 33.44 as of 04:53 Frankfurt time. GEA Group’s stock is down -7.58% in the past 200 days. It has underperformed the Standard & Poor’s 500 index, which has dropped -3.31% in the same time.
GEA Group (ETR:G1A) Profile
GEA Group AG is a German-based management holding company of the GEA Group which provides systems for food and energy processes. It operates five segments: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.
GEA Group (ETR:G1A) traded down -1.73% on 2 October, hitting EUR 33.44. A total of 874,384 shares of the company’s stock traded hands. This is up from average of 563,055 shares. GEA Group has a 52 week low of EUR 31.20 and a 52 week high of EUR 47.38. The company has a market cap of 6.08 billion EUR and a P/E ratio of 30.4.
