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[BUSINESS] · Germany · 2 sources

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GEA Group price target raised to 67 euros by MPCM

The analysis firm MPCM has raised its price target for GEA Group from 64 to 67 euros. Despite this increase, the firm has maintained its 'Hold' rating for the stock.

According to analyst Stefan Augustin, the decision is driven by signals from the company's most recent information session prior to the release of third-quarter results. These signals indicated double-digit percentage growth in orders. Consequently, MPCM has also increased its profit expectations for the years 2027 and 2028, providing greater clarity for the company's future earnings outlook.

Entities

GEA Group · MPCM · Stefan Augustin