GEA Group Aktiengesellschaft (OTCMKTS:GEAGY)‘s stock had its “buy” rating restated by research analysts at UBS Group in a report released on Wednesday, The Fly reports.
GEAGY has been the topic of several other research reports. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded shares of GEA Group Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research note on Tuesday, March 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of GEA Group Aktiengesellschaft in a research report on Friday, March 5th. Barclays reaffirmed an “overweight” rating on shares of GEA Group Aktiengesellschaft in a research report on Tuesday, April 6th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of GEA Group Aktiengesellschaft in a research report on Tuesday, March 9th. Finally, Zacks Investment Research lowered shares of GEA Group Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Friday, February 12th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $42.00.
Shares of OTCMKTS:GEAGY remained flat at $$40.59 during midday trading on Wednesday. 2,279 shares of the stock were exchanged, compared to its average volume of 144,678. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of -34.99 and a beta of 1.16. The business has a 50-day moving average of $40.59 and a 200 day moving average of $36.82. GEA Group Aktiengesellschaft has a 12-month low of $33.21 and a 12-month high of $40.75. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 0.25.
GEA Group Aktiengesellschaft engages in the development and production of systems 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.
Featured Article: Elliott Wave Theory
Receive News & Ratings for GEA Group Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEA Group Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.