GEA Group (ETR:G1A) Rating Reiterated

S&P Capital IQ currently has a EUR 48.00 target on the 9.19B EUR market cap company or 0.90 % upside potential. In an analyst note issued to clients on Friday morning, GEA Group (ETR:G1A) stock had its “Hold” Rating reconfirmed by equity research analysts at S&P Capital IQ.

ETR:G1A is now trading 1.75% higher at EUR 47.74 as of 22:06 Frankfurt time. GEA Group’s stock is up 32.39% in the past 200 days. It has outperformed the S&P 500, which has increased 7.56% in the same time period.

ETR:G1A Price Chart & Trend

The stock price of GEA Group increased 32.39% over the last 200 days, and is in powerful up trend. In the last 50 and 100 days, GEA Group is up 15.51% and up 14.66%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

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 up 1.75% on 29 July, hitting EUR 47.74. A total of 432,557 shares of the company’s stock traded hands. This is up from average of 370,145 shares. GEA Group has a 52 week low of EUR 31.16 and a 52 week high of EUR 47.74. The company has a market cap of 9.19 billion EUR and a P/E ratio of 36.03.

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The post GEA Group (ETR:G1A) Investors: S&P Capital IQ Reiterates “Hold” Rating, Sees EUR 48.00/Share appeared first on Octafinance.