$17.23
0.05[0.29%]
At close: Apr 19
$17.23
0[0.00%]
After Hours: 4:03PM EDT
Gates Industrial Corp
(NYSE:GTES)Gates Industrial Corp Stock (NYSE:GTES), Analyst Ratings, Price Targets, Predictions
Gates Industrial Corp PLC has a consensus price target of $18.06, established from looking at the 57 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Citigroup, and Goldman Sachs on April 16, 2024, April 8, 2024, and March 12, 2024. With an average price target of $18 between Goldman Sachs, Citigroup, and Goldman Sachs, there's an implied 4.47% upside for Gates Industrial Corp PLC from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Citigroup
Keybanc
Barclays
Wolfe Research
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Gates Industrial Corp
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 4.47% | Goldman Sachs | Jerry Revich | $16 → $18 | Maintains | Neutral | Get Alert |
| 04/08/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 16.08% | Citigroup | Andrew Kaplowitz | $17 → $20 | Maintains | Buy | Get Alert |
| 03/12/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -7.14% | Goldman Sachs | Jerry Revich | $14 → $16 | Maintains | Neutral | Get Alert |
| 03/12/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 21.88% | Keybanc | Jeffrey Hammond | $18 → $21 | Maintains | Overweight | Get Alert |
| 03/12/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -1.33% | Barclays | Julian Mitchell | $15 → $17 | Maintains | Equal-Weight | Get Alert |
| 03/08/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 16.08% | Wolfe Research | Nigel Coe | → $20 | Upgrade | Peer Perform → Outperform | Get Alert |
| 02/29/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 21.88% | Jefferies | Stephen Volkmann | → $21 | Initiates | → Buy | Get Alert |
| 02/22/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 4.47% | Keybanc | Jeffrey Hammond | → $18 | Upgrade | Sector Weight → Overweight | Get Alert |
| 02/20/2024 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -18.75% | Evercore ISI Group | David Raso | $12.5 → $14 | Maintains | In-Line | Get Alert |
| 07/12/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -12.94% | Morgan Stanley | Joshua Pokrzywinski | $15 → $15 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 06/20/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -15.84% | Goldman Sachs | Jerry Revich | $15.5 → $14.5 | Downgrade | Buy → Neutral | Get Alert |
| 05/09/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -18.75% | Evercore ISI Group | David Raso | $15 → $14 | Maintains | In-Line | Get Alert |
| 05/08/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 4.47% | UBS | Damian Karas | $16 → $18 | Maintains | Buy | Get Alert |
| 05/05/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -12.94% | Morgan Stanley | Joshua Pokrzywinski | $14 → $15 | Maintains | Equal-Weight | Get Alert |
| 05/05/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -7.14% | Credit Suisse | Jamie Cook | $15 → $16 | Maintains | Neutral | Get Alert |
| 05/05/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | 10.27% | Baird | Michael Halloran | $18 → $19 | Maintains | Outperform | Get Alert |
| 02/13/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -12.94% | Credit Suisse | Jamie Cook | $14 → $15 | Maintains | Neutral | Get Alert |
| 02/10/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -10.04% | Goldman Sachs | Jerry Revich | $13.5 → $15.5 | Maintains | Buy | Get Alert |
| 02/10/2023 | GTES | Buy Now | Gates Industrial Corp | $17.23 | -1.33% | Citigroup | Andrew Kaplowitz | $14 → $17 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Gates Industrial Corp (GTES)?
The latest price target for Gates Industrial Corp (NYSE: GTES) was reported by Goldman Sachs on April 16, 2024. The analyst firm set a price target for $18.00 expecting GTES to rise to within 12 months (a possible 4.47% upside). 16 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Gates Industrial Corp (GTES)?
The latest analyst rating for Gates Industrial Corp (NYSE: GTES) was provided by Goldman Sachs, and Gates Industrial Corp maintained their neutral rating.
When was the last upgrade for Gates Industrial Corp (GTES)?
The last upgrade for Gates Industrial Corp PLC happened on March 8, 2024 when Wolfe Research raised their price target to $20. Wolfe Research previously had a peer perform for Gates Industrial Corp PLC.
When was the last downgrade for Gates Industrial Corp (GTES)?
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.
When is the next analyst rating going to be posted or updated for Gates Industrial Corp (GTES)?
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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating Gates Industrial Corp (GTES) correct?
While ratings are subjective and will change, the latest Gates Industrial Corp (GTES) rating was a maintained with a price target of $16.00 to $18.00. The current price Gates Industrial Corp (GTES) is trading at is $17.23, which is within the analyst’s predicted range.
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