NYSE:GTES - Gates Industrial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $13.50
  • Forecasted Upside: 13.16 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$11.93
▲ +0.06 (0.51%)
1 month | 3 months | 12 months
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Analyst Price Target for GTES

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$13.50
▲ +13.16% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Gates Industrial in the last 3 months. The average price target is $13.50, with a high forecast of $16.00 and a low forecast of $8.00. The average price target represents a 13.16% upside from the last price of $11.93.
Buy
The current consensus among 8 contributing investment analysts is to buy stock in Gates Industrial.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/4/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/2/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/31/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/29/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/25/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/25/2020

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/13/2020Morgan StanleyBoost Price TargetEqual Weight$12.00 ➝ $13.00High
i
10/13/2020UBS GroupUpgradeNeutral ➝ Buy$12.00 ➝ $15.00Low
i
9/15/2020BarclaysBoost Price TargetOverweight$15.00 ➝ $16.00High
i
8/28/2020KeyCorpBoost Price TargetOverweight$13.00 ➝ $14.00Low
i
8/10/2020BarclaysUpgradeEqual Weight ➝ Overweight$13.00 ➝ $15.00High
i
8/7/2020Morgan StanleyBoost Price TargetEqual Weight$11.00 ➝ $12.00Medium
i
8/6/2020Credit Suisse GroupBoost Price TargetOutperform$11.00 ➝ $13.00High
i
8/6/2020CitigroupBoost Price TargetBuy$12.00 ➝ $13.00Medium
i
8/5/2020KeyCorpBoost Price TargetOverweight$12.00 ➝ $13.00Low
i
7/7/2020BarclaysBoost Price TargetEqual Weight$12.00 ➝ $13.00Low
i
6/30/2020Morgan StanleyBoost Price TargetEqual Weight$9.00 ➝ $11.00Medium
i
5/8/2020UBS GroupBoost Price TargetNeutral$7.50 ➝ $8.00High
i
5/7/2020Credit Suisse GroupBoost Price TargetOutperform$8.00 ➝ $9.50Low
i
5/7/2020BarclaysReiterated RatingHoldLow
i
5/6/2020Royal Bank of CanadaReiterated RatingHold$8.00Low
i
5/6/2020Morgan StanleyBoost Price TargetEqual Weight$6.00 ➝ $9.00Low
i
4/1/2020CitigroupLower Price TargetBuy$13.00 ➝ $10.00Medium
i
4/1/2020Royal Bank of CanadaReiterated RatingHold$8.00Low
i
Rating by Deane Dray at Royal Bank of Canada
3/17/2020Morgan StanleyLower Price TargetEqual Weight$13.00 ➝ $8.00High
i
2/9/2020BarclaysReiterated RatingHold$15.00Low
i
1/13/2020Goldman Sachs GroupBoost Price TargetBuy$14.00 ➝ $16.00High
i
12/11/2019UBS GroupInitiated CoverageHold$14.00High
i
10/10/2019UBS GroupDowngradeBuy ➝ Neutral$9.50Medium
i
10/9/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$10.00High
i
Rating by Deane Dray at Royal Bank of Canada
8/12/2019Morgan StanleySet Price TargetHold$9.00Medium
i
Rating by Joshua Pokrzywinski at Morgan Stanley
8/7/2019Royal Bank of CanadaSet Price TargetBuy$12.00Low
i
Rating by Deane Dray at Royal Bank of Canada
8/7/2019KeyCorpLower Price TargetOverweight$19.00 ➝ $15.00High
i
6/25/2019Goldman Sachs GroupUpgradeNeutral ➝ Buy$15.00 ➝ $15.00Medium
i
6/6/2019BarclaysReiterated RatingHold$13.00Low
i
5/9/2019BarclaysReiterated RatingHold$17.00Low
i
2/14/2019Morgan StanleySet Price TargetHold$16.00Medium
i
Rating by Joshua Pokrzywinski at Morgan Stanley
12/18/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$19.00 ➝ $15.00Medium
i
Rating by Sawyer Rice at Morgan Stanley
12/17/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$19.00 ➝ $18.00Medium
i
11/6/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$21.00 ➝ $19.00High
i
Rating by Sawyer Rice at Morgan Stanley
11/2/2018CitigroupLower Price TargetBuy ➝ Buy$23.00 ➝ $22.00Medium
i
Rating by Andrew Kaplowitz at Citigroup Inc.
8/2/2018Morgan StanleyLower Price TargetOverweight ➝ Buy$22.00 ➝ $21.00High
i
Rating by Sawyer Rice at Morgan Stanley
8/2/2018Royal Bank of CanadaReiterated RatingBuy$21.00High
i
6/11/2018CitigroupSet Price TargetBuy$23.00Low
i
Rating by Andrew Kaplowitz at Citigroup Inc.
5/8/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$24.00Low
i
5/4/2018BarclaysReiterated RatingHold$19.00Low
i
3/21/2018BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$20.00Low
i
3/14/2018Royal Bank of CanadaReiterated RatingBuy$24.00Low
i
2/20/2018Morgan StanleyInitiated CoverageOverweight ➝ Overweight$24.00Medium
i
2/20/2018Royal Bank of CanadaInitiated CoverageOutperform ➝ Outperform$22.00Medium
i
2/20/2018Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$21.00Medium
i
2/20/2018UBS GroupInitiated CoverageBuy ➝ Buy$22.00Medium
i
2/20/2018KeyCorpInitiated CoverageOverweight ➝ Overweight$22.00Medium
i
2/20/2018CitigroupInitiated CoverageBuy ➝ Buy$23.00Medium
i
2/19/2018Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$21.00Medium
i
(Data available from 10/26/2015 forward)
Gates Industrial logo
Gates Industrial Corporation PLC designs and manufactures power transmission equipment. Its products serves harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation.
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Today's Range

Now: $11.93
$11.85
$12.24

50 Day Range

MA: $11.52
$10.72
$12.21

52 Week Range

Now: $11.93
$5.42
$14.30

Volume

95,100 shs

Average Volume

301,523 shs

Market Capitalization

$3.46 billion

P/E Ratio

51.87

Dividend Yield

N/A

Beta

1.94