GEA Group (ETR:G1A) Rating Upped
GEA Group (ETR:G1A) was upgraded by Independent Research GmbH to Buy rating in a note revealed to clients on Friday, 2 October. The firm now has EUR 42.00 target price per share on the stock. Independent Research GmbH’s target is 25.45% from G1A’s last price.
Despite the rating upgrade ETR:G1A is right now trading -1.73% lower at EUR 33.44 as of 04:49 Frankfurt time. GEA Group shares have decreased -7.58% in the last 200 days, while the S&P500 has declined -3.31% during the same time period.
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 6.08B EUR and a P/E ratio of 30.4.
