Assessing Gates Industrial Corp: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have provided mixed ratings on Gates Industrial Corp (NYSE:GTES), ranging from somewhat bullish to indifferent. The average 12-month price target has decreased by 2.5% to $19.5. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance.
August 01, 2024 | 5:14 pm
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Analysts have mixed views on Gates Industrial Corp (NYSE:GTES) with ratings ranging from somewhat bullish to indifferent. The average 12-month price target has decreased by 2.5% to $19.5, indicating a slight decline in analysts' expectations.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on GTES stock. The adjustments in ratings and price targets reflect analysts' responses to recent market dynamics and company performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100