Gates Industrial (GTES)
(Delayed Data from NYSE)
$17.80 USD
+0.10 (0.56%)
Updated Oct 14, 2024 04:00 PM ET
After-Market: $17.81 +0.01 (0.06%) 7:58 PM ET
4-Sell of 5 4
B Value B Growth F Momentum B VGM
Gates Industrial (GTES) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$20.23 | $24.00 | $16.00 | 14.29% |
Price Target
Based on short-term price targets offered by 11 analysts, the average price target for Gates Industrial comes to $20.23. The forecasts range from a low of $16.00 to a high of $24.00. The average price target represents an increase of 14.29% from the last closing price of $17.70.
Analyst Price Targets (11)
Broker Rating
Gates Industrial currently has an average brokerage recommendation (ABR) of 1.82 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 11 brokerage firms. The current ABR compares to an ABR of 1.82 a month ago based on 11 recommendations.
Of the 11 recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 54.55% and 9.09% of all recommendations. A month ago, Strong Buy made up 54.55%, while Buy represented 9.09%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 |
Buy | 1 | 1 | 1 | 1 | 0 |
Hold | 4 | 4 | 4 | 3 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.82 | 1.82 | 1.82 | 1.70 | 1.80 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/19/2024 | Not Identified | Not Identified | Hold | Moderate Buy |
8/19/2024 | Evercore Partners | David M Raso | Hold | Hold |
8/1/2024 | Robert W. Baird & Co. | Michael P Halloran | Strong Buy | Strong Buy |
8/1/2024 | KeyBanc Capital Markets | Jeffrey D Hammond | Strong Buy | Strong Buy |
8/1/2024 | UBS | Damian Karas | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
8/1/2024 | Goldman Sachs | Jerry D Revich | Hold | Hold |
4/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.82 |
ABR (Last week) | 1.82 |
# of Recs in ABR | 11 |
Average Target Price | $20.23 |
LT Growth Rate | NA |
Industry | Engineering - R and D Services |
Industry Rank by ABR | 49 of 252 |
Current Quarter EPS Est: | 0.32 |
GTES FAQs
Gates Industrial Corporation PLC (GTES) currently has an average brokerage recommendation (ABR) of 1.82 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 11 brokerage firms.
The average price target for Gates Industrial Corporation PLC (GTES) is $20.23. The current on short-term price targets is based on 2 reports.
The forecasts for Gates Industrial Corporation PLC (GTES) range from a low of $16 to a high of $24. The average price target represents a increase of $13.65 from the last closing price of $17.80.
The current UPSIDE for Gates Industrial Corporation PLC (GTES) is 13.65%
Based on short-term price targets offered by 11 analysts, the average price target for Gates Industrial comes to $20.23. The forecasts range from a low of $16.00 to a high of $24.00. The average price target represents an increase of 14.29% from the last closing price of $17.70.