Gates Industrial Corporation plc Ordinary Shares (GTES) Social Stream
GATES INDUSTRIAL CORP PLC (GTES) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering GTES.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 4 | $22 | $19 | $20.666 | $11.83 | 74.69% |
| 2021-12-06 | 4 | $22 | $18 | $20 | $11.83 | 69.06% |
| 2022-01-14 | 4 | $22 | $18 | $19.75 | $11.83 | 66.95% |
| 2022-02-08 | 3 | $21 | $17 | $19 | $11.83 | 60.61% |
| 2022-04-04 | 3 | $21 | $16 | $18.5 | $11.83 | 56.38% |
| 2022-04-07 | 3 | $21 | $16 | $18.25 | $11.83 | 54.27% |
| 2022-05-04 | 3 | $21 | $16 | $17.75 | $11.83 | 50.04% |
| 2022-05-05 | 3 | $21 | $15 | $17.4 | $11.83 | 47.08% |
| 2022-06-01 | 4 | $18 | $13 | $15.6 | $11.83 | 31.87% |
| 2022-08-07 | 5 | $17 | $13 | $14.666 | $11.83 | 23.97% |
| 2022-08-08 | 6 | $15 | $11 | $13.666 | $11.83 | 15.52% |
| 2022-08-11 | 7 | $15 | $11 | $13.642 | $11.83 | 15.32% |
| 2022-10-03 | 7 | $15 | $11 | $13.5 | $11.83 | 14.12% |
| 2022-10-10 | 7 | $15 | $11 | $13.357 | $11.83 | 12.91% |
| 2022-10-12 | 7 | $15 | $11 | $13.071 | $11.83 | 10.49% |
| 2022-10-14 | 7 | $13.5 | $11 | $12.5 | $11.83 | 5.66% |
| 2022-11-07 | 7 | $14 | $11 | $12.75 | $11.83 | 7.78% |
| 2023-01-23 | 7 | $14 | $11 | $12.875 | $11.83 | 8.83% |
| 2023-02-10 | 7 | $17 | $13.5 | $14.562 | $11.83 | 23.09% |
| 2023-03-29 | 8 | $18 | $13.5 | $15.285 | $11.83 | 29.21% |
| 2023-05-05 | 9 | $19 | $13.5 | $15.571 | $11.83 | 31.62% |
| 2023-05-08 | 9 | $19 | $13.5 | $15.875 | $11.83 | 34.19% |
| 2023-05-09 | 9 | $19 | $14 | $15.937 | $11.83 | 34.72% |
The Trend in the Analyst Price Target
GTES's average price target has moved up $4.94 over the prior 36 months.
Over the past 49 weeks, GTES's average upside potential has been 16.41%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-18 | 5 | 17 | 13.0 | 14.666 | 10.87 | 34.92% |
| 2022-08-07 | 5 | 17 | 13.0 | 14.666 | 12.01 | 22.11% |
| 2023-02-10 | 7 | 17 | 13.5 | 14.562 | 13.87 | 4.99% |
| 2023-02-10 | 8 | 17 | 13.5 | 14.562 | 13.87 | 4.99% |
| 2023-05-09 | 9 | 19 | 14.0 | 15.937 | 13.78 | 15.65% |
GTES Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.11 | 4 | 0 | 5 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
GTES's average broker recommendation rating improved by 0.22 over the prior 15 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- GTES has a greater average analyst price target than 571.12% of all US stocks.
- To contextualize these metrics, consider that out of Machinery stocks, GATES INDUSTRIAL CORP PLC's number of analysts covering the stock is higher than 757.61% of them.
- In terms of how GATES INDUSTRIAL CORP PLC fares relative to stocks in the mid market cap category, note that its variance in analysts' estimates is lower than -680.97% of that group.
- GTES has a higher upside potential (average analyst target price relative to current price) than 1869.03% of Machinery stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Machinery industry with the ratings most similar to GATES INDUSTRIAL CORP PLC are KRNT, WHD, and DNOW.
View All Top Stocks by Price Target
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