▲ +10.27% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Gates Industrial in the last 3 months. The average price target is $19.00, with a high forecast of $22.00 and a low forecast of $15.00. The average price target represents a 10.27% upside from the last price of $17.23.
The current consensus among 7 contributing investment analysts is to buy stock in Gates Industrial. This Buy consensus rating has held steady for over two years.
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.