GEA Group (OTCMKTS:GEAGF) Stock Rating Lowered by Berenberg Bank

GEA Group (OTCMKTS:GEAGF) was downgraded by equities researchers at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

Separately, Zacks Research cut shares of GEA Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, GEA Group currently has an average rating of “Hold”.

GEA Group Stock Performance

GEAGF opened at $78.18 on Tuesday. GEA Group has a twelve month low of $63.21 and a twelve month high of $78.65. The company has a 50-day simple moving average of $73.40 and a 200 day simple moving average of $71.35. The company has a quick ratio of 0.70, a current ratio of 1.06 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $12.73 billion, a price-to-earnings ratio of 30.54 and a beta of 0.17.

GEA Group Company Profile

GEA Group AG is a German engineering company that develops and supplies equipment, systems and services for industries including food and beverages, pharmaceuticals, chemicals and dairy processing. Its technologies support the production, processing and packaging of products, as well as related cleaning and utility processes. The company’s offerings include process equipment, pumps, valves, separators, heat exchangers, filling and packaging systems, and integrated production solutions. GEA also provides installation, maintenance, modernization and other services to help customers operate and maintain their facilities.