Barclays Downgrades GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) to Equal Weight

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF – Get Rating) was downgraded by analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Thursday, The Fly reports.

A number of other analysts have also recently commented on the company. AlphaValue cut GEA Group Aktiengesellschaft to a “reduce” rating in a research report on Thursday, October 13th. Royal Bank of Canada lowered GEA Group Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, October 12th. Three analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $40.67.

GEA Group Aktiengesellschaft Price Performance

GEA Group Aktiengesellschaft stock opened at $39.56 on Thursday. GEA Group Aktiengesellschaft has a 12 month low of $32.02 and a 12 month high of $54.45. The business has a 50 day simple moving average of $37.90 and a 200-day simple moving average of $35.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.84 and a current ratio of 1.22.

About GEA Group Aktiengesellschaft

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GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. The company operates through five divisions: Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies.