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Article: Equinet keeps "accumulate" on Gea.
- Article from:
- ADP News Germany
- Article date:
- September 22, 2009
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(ADPnews) - Sep 22, 2009 - Equinet kept its "accumulate" rating and EUR 14 share price target on German technology firm Gea Group AG (ETR:G1A) on Tuesday.
The company has fared considerably better than the sector average over the past few months, analyst Holger Schmidt said. This shows that the machinery maker is more insensitive to the economic recession than its rivals, thanks to its financial stability and good position in an attractive market segment.
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