The latest price target for Gates Industrial Corp (NYSE:GTES) was reported by Morgan Stanley on September 6, 2024. The analyst firm set a price target for $19.00 expecting GTES to rise to within 12 months (a possible 6.98% upside). 17 analyst firms have reported ratings in the last year.

The latest analyst rating for Gates Industrial Corp (NYSE:GTES) was provided by Morgan Stanley, and Gates Industrial Corp initiated their equal-weight rating.

The last upgrade for Gates Industrial Corp PLC happened on August 19, 2024 when RBC Capital raised their price target to $22. RBC Capital previously had a sector perform for Gates Industrial Corp PLC.

The last downgrade for Gates Industrial Corp PLC happened on June 20, 2023 when Goldman Sachs changed their price target from $15.5 to $14.5 for Gates Industrial Corp PLC.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Gates Industrial Corp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Gates Industrial Corp was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.

While ratings are subjective and will change, the latest Gates Industrial Corp (GTES) rating was a initiated with a price target of $0.00 to $19.00. The current price Gates Industrial Corp (GTES) is trading at is $17.76, which is within the analyst’s predicted range.