UBS has raised its price target for Gea Group to 52 euros, with a "Buy" rating, after a conference call discussing the company's quarterly figures.
Analyst Sven Weier highlighted positive prospects for the different divisions, indicating a reassuring performance.
Gea Group's management has also suggested a potential recovery in order intake, leading UBS to adjust its earnings estimates for the company.
This positive assessment reflects confidence in Gea's ability to effectively navigate current market conditions.