Across the recent three months, 8 analysts have shared their insights on Gates Industrial Corp (NYSE:GTES), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
3
4
0
0
Last 30D
0
0
1
0
0
1M Ago
0
0
0
0
0
2M Ago
1
1
1
0
0
3M Ago
0
2
2
0
0
In the assessment of 12-month price targets, analysts unveil insights for Gates Industrial Corp, presenting an average target of $19.25, a high estimate of $26.00, and a low estimate of $16.00. This upward trend is evident, with the current average reflecting a 10.44% increase from the previous average price target of $17.43.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Gates Industrial Corp's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Julian Mitchell
Barclays
Lowers
Equal-Weight
$16.00
$17.00
Michael Halloran
Baird
Raises
Outperform
$26.00
$25.00
Jerry Revich
Goldman Sachs
Raises
Neutral
$18.00
$16.00
Andrew Kaplowitz
Citigroup
Raises
Buy
$20.00
$17.00
Jerry Revich
Goldman Sachs
Raises
Neutral
$16.00
$14.00
Jeffrey Hammond
Keybanc
Raises
Overweight
$21.00
$18.00
Julian Mitchell
Barclays
Raises
Equal-Weight
$17.00
$15.00
Nigel Coe
Wolfe Research
Announces
Outperform
$20.00
-
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to ...Full story available on Benzinga.com
Benzinga