Gates Industrial Corporation plc Ordinary Shares (GTES) Social Stream
Gates Industrial Corp plc (GTES) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Gates Industrial Corp plc.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 3 | $22 | $19 | $20.666 | $15.23 | 35.69% |
| 2021-12-06 | 4 | $22 | $18 | $20 | $15.23 | 31.32% |
| 2022-01-14 | 4 | $22 | $18 | $19.75 | $15.23 | 29.68% |
| 2022-02-08 | 3 | $21 | $17 | $19 | $15.23 | 24.75% |
The Trend in the Analyst Price Target
GTES's average price target has moved up $3.72 over the prior 15 months.
Over the past 91 days, GTES's average upside potential has been 22.44%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 4 | 22 | 19 | 20.666 | 17.01 | 21.49% |
| 2021-11-09 | 3 | 22 | 19 | 20.666 | 17.01 | 21.49% |
| 2022-01-14 | 4 | 22 | 18 | 19.750 | 16.59 | 19.05% |
| 2022-02-08 | 4 | 21 | 17 | 19.000 | 15.34 | 23.86% |
| 2022-02-08 | 3 | 21 | 17 | 19.000 | 15.34 | 23.86% |
GTES Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.33 | 1 | 0 | 2 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
GTES's average broker recommendation rating worsened by 0.08 over the prior 62 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- Gates Industrial Corp plc's number of analysts covering the stock is higher than 98.24% of all US stocks.
- GTES has a greater average analyst price target than 93.37% of Industrials stocks.
- 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 -23.8% of that group.
- In terms of how Gates Industrial Corp plc fares relative to Machinery stocks, note that its upside potential (average analyst target price relative to current price) is greater than 364.67% of that group.
Stocks similar to Gates Industrial Corp plc in the Machinery industry regarding analyst recommendations and price targets are KRNT, WHD, and WFRD.
Is GTES a Buy, Hold or Sell? See the POWR Ratings now!