DB ups Gea to 'buy', good mismatch between fundamentals and valuation

GEA AG

16/06/2026 07:39

** Deutsche Bank upgrades Gea Group G1AG.DE to "buy" from "hold," as it sees a more compelling mismatch between the food processing technology supplier's resilient fundamentals and the current valuation
** It increases its FY26E-FY28E EPS forecast by 4-6%
** DB says it is confident in the outlook for improving revenue momentum and sustained margin expansion, and that the firm's defensive end-market exposure, low customer concentration and healthy order/backlog dynamics underpin earnings resilience
**  A favourable mix shift towards higher-margin service and digital revenues, additional cost savings and disciplined capital allocation support the upgrade, it adds
** Out of 20 analysts covering the stock, 11 rate it "strong buy" or "buy," 7 "hold" and two "sell" - LSEG data
** Shares up 1.7% in early trade, down ~3% YTD



 (Reporting by Paolo Laudani in Gdansk)
 ((Paolo.laudani@thomsonreuters.com))