ubs maintains buy rating for gea group ahead of fourth quarter results

UBS has reiterated its 'Buy' rating for Gea Group ahead of the upcoming fourth quarter reporting season. According to analyst Andre Kukhnin, there have been no significant changes in the updated estimates for the European capital goods sector.

Kukhnin's analysis suggests that while Gea is among the companies that could potentially miss expectations, it remains a strong investment choice. In the same report, Kukhnin highlighted that Volvo and Epiroc are expected to demonstrate the highest potential for organic sales growth in the final quarter. On the other hand, Gea and Siemens are identified as companies that may fall short of market expectations.

Overall, the sales performance of other companies in the sector is largely in line with consensus forecasts, although there is a tendency to underperform. Gea's stock is currently priced at €48.00, reflecting a 0.29% increase from the previous day. The stock has reached an annual high of €49.42 and a low of €35.16, indicating stability within the current market conditions.

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