NYSE:GTES - Gates Industrial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $21.75
  • Forecasted Upside: 31.10 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$16.59
▼ -0.06 (-0.36%)

This chart shows the closing price for GTES by one month, three months, or twelve months.

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Analyst Price Target for GTES

Analyst Price Target is $21.75
▲ +31.10% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Gates Industrial in the last 3 months. The average price target is $21.75, with a high forecast of $26.00 and a low forecast of $18.00. The average price target represents a 31.10% upside from the last price of $16.59.

This chart shows the closing price for GTES for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Gates Industrial. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/22/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/21/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/19/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/18/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/17/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/14/2022Morgan StanleyLower Price TargetEqual Weight$19.00 ➝ $18.00Low
12/6/2021BarclaysDowngradeOverweight ➝ Equal Weight$22.00 ➝ $18.00Low
11/9/2021Royal Bank of CanadaBoost Price TargetOutperform$20.00 ➝ $21.00Medium
10/7/2021Morgan StanleyLower Price TargetEqual Weight$20.00 ➝ $19.00Low
9/3/2021Evercore ISIInitiated CoverageOutperform$23.00Low
8/25/2021Robert W. BairdReiterated RatingBuyMedium
8/10/2021Credit Suisse GroupBoost Price TargetNeutral$21.00 ➝ $22.00Low
5/25/2021Robert W. BairdInitiated CoverageOutperform$26.00Low
5/19/2021Wolfe ResearchInitiated CoverageOutperformLow
5/11/2021CitigroupBoost Price Target$22.00 ➝ $24.00Low
5/11/2021Credit Suisse GroupBoost Price TargetNeutral$19.00 ➝ $21.00Medium
5/11/2021Morgan StanleyBoost Price TargetEqual Weight$18.00 ➝ $20.00Low
5/11/2021KeyCorpBoost Price TargetOverweight$20.00 ➝ $22.00Medium
4/13/2021KeyCorpBoost Price TargetOverweight$19.00 ➝ $20.00Medium
4/12/2021Morgan StanleyBoost Price TargetEqual Weight$17.50 ➝ $18.00Low
4/6/2021BarclaysBoost Price TargetOverweight$18.00 ➝ $19.00Medium
3/1/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$17.00 ➝ $21.00Low
2/22/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$17.00 ➝ $21.00High
2/9/2021CitigroupBoost Price Target$18.00 ➝ $22.00Low
2/9/2021Credit Suisse GroupBoost Price TargetNeutral$15.00 ➝ $18.00Low
2/9/2021Morgan StanleyBoost Price TargetEqual Weight$16.00 ➝ $17.50Low
2/9/2021KeyCorpBoost Price TargetOverweight$17.00 ➝ $19.00Low
2/9/2021BarclaysBoost Price TargetOverweight$16.00 ➝ $18.00Low
1/20/2021Morgan StanleyBoost Price TargetEqual Weight$13.50 ➝ $16.00Medium
1/12/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$13.00 ➝ $15.00High
11/18/2020KeyCorpBoost Price TargetOverweight$15.00 ➝ $17.00Medium
11/4/2020Morgan StanleyBoost Price TargetEqual Weight$13.00 ➝ $13.50Medium
11/4/2020KeyCorpBoost Price TargetOverweight$14.00 ➝ $15.00Medium
10/13/2020Morgan StanleyBoost Price TargetEqual Weight$12.00 ➝ $13.00High
10/13/2020UBS GroupUpgradeNeutral ➝ Buy$12.00 ➝ $15.00Low
9/15/2020BarclaysBoost Price TargetOverweight$15.00 ➝ $16.00High
8/28/2020KeyCorpBoost Price TargetOverweight$13.00 ➝ $14.00Low
8/10/2020BarclaysUpgradeEqual Weight ➝ Overweight$13.00 ➝ $15.00High
8/7/2020Morgan StanleyBoost Price TargetEqual Weight$11.00 ➝ $12.00Medium
8/6/2020Credit Suisse GroupBoost Price TargetOutperform$11.00 ➝ $13.00High
8/6/2020CitigroupBoost Price TargetBuy$12.00 ➝ $13.00Medium
8/5/2020KeyCorpBoost Price TargetOverweight$12.00 ➝ $13.00Low
7/7/2020BarclaysBoost Price TargetEqual Weight$12.00 ➝ $13.00Low
6/30/2020Morgan StanleyBoost Price TargetEqual Weight$9.00 ➝ $11.00Medium
5/8/2020UBS GroupBoost Price TargetNeutral$7.50 ➝ $8.00High
5/7/2020Credit Suisse GroupBoost Price TargetOutperform$8.00 ➝ $9.50Low
5/7/2020BarclaysReiterated RatingHoldLow
5/6/2020Royal Bank of CanadaReiterated RatingHold$8.00Low
5/6/2020Morgan StanleyBoost Price TargetEqual Weight$6.00 ➝ $9.00Low
4/1/2020CitigroupLower Price TargetBuy$13.00 ➝ $10.00Medium
4/1/2020Royal Bank of CanadaReiterated RatingHold$8.00Low
3/17/2020Morgan StanleyLower Price TargetEqual Weight$13.00 ➝ $8.00High
2/9/2020BarclaysReiterated RatingHold$15.00Low
1/13/2020The Goldman Sachs GroupBoost Price TargetBuy$14.00 ➝ $16.00High
12/11/2019UBS GroupInitiated CoverageHold$14.00High
10/10/2019UBS GroupDowngradeBuy ➝ Neutral$9.50Medium
10/9/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$10.00High
8/12/2019Morgan StanleySet Price TargetHold$9.00Medium
8/7/2019Royal Bank of CanadaSet Price TargetBuy$12.00Low
8/7/2019KeyCorpLower Price TargetOverweight$19.00 ➝ $15.00High
6/25/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$15.00 ➝ $15.00Medium
6/6/2019BarclaysReiterated RatingHold$13.00Low
5/9/2019BarclaysReiterated RatingHold$17.00Low
2/14/2019Morgan StanleySet Price TargetHold$16.00Medium
12/18/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$19.00 ➝ $15.00Medium
12/17/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$19.00 ➝ $18.00Medium
11/6/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$21.00 ➝ $19.00High
11/2/2018CitigroupLower Price TargetBuy ➝ Buy$23.00 ➝ $22.00Medium
8/2/2018Morgan StanleyLower Price TargetOverweight ➝ Buy$22.00 ➝ $21.00High
8/2/2018Royal Bank of CanadaReiterated RatingBuy$21.00High
6/11/2018CitigroupSet Price TargetBuy$23.00Low
5/8/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$24.00Low
5/4/2018BarclaysReiterated RatingHold$19.00Low
3/21/2018BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$20.00Low
3/14/2018Royal Bank of CanadaReiterated RatingBuy$24.00Low
2/20/2018Morgan StanleyInitiated CoverageOverweight ➝ Overweight$24.00Medium
2/20/2018Royal Bank of CanadaInitiated CoverageOutperform ➝ Outperform$22.00Medium
2/20/2018Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$21.00Medium
2/20/2018UBS GroupInitiated CoverageBuy ➝ Buy$22.00Medium
2/20/2018KeyCorpInitiated CoverageOverweight ➝ Overweight$22.00Medium
2/20/2018CitigroupInitiated CoverageBuy ➝ Buy$23.00Medium
2/19/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$21.00Medium
(Data available from 1/17/2017 forward)

News Sentiment Rating

0.23 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/21/2021
  • 2 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/21/2021
  • 6 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/20/2021
  • 5 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/19/2021
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/19/2021
  • 3 very positive mentions
  • 19 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
11/18/2021
  • 3 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/18/2021
  • 2 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
1/17/2022

Current Sentiment

  • 2 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Gates Industrial logo
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.
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Today's Range

Now: $16.59
Low: $16.16
High: $16.63

50 Day Range

MA: $16.20
Low: $14.54
High: $17.22

52 Week Range

Now: $16.59
Low: $13.71
High: $18.94

Volume

387,355 shs

Average Volume

469,270 shs

Market Capitalization

$4.81 billion

P/E Ratio

19.07

Dividend Yield

N/A

Beta

1.7

Frequently Asked Questions

What sell-side analysts currently cover shares of Gates Industrial?

The following sell-side analysts have issued reports on Gates Industrial in the last year: Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Evercore ISI, KeyCorp, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, TheStreet, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for GTES.

What is the current price target for Gates Industrial?

8 Wall Street analysts have set twelve-month price targets for Gates Industrial in the last year. Their average twelve-month price target is $21.75, suggesting a possible upside of 31.1%. Robert W. Baird has the highest price target set, predicting GTES will reach $26.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $18.00 for Gates Industrial in the next year.
View the latest price targets for GTES.

What is the current consensus analyst rating for Gates Industrial?

Gates Industrial currently has 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GTES will outperform the market and that investors should add to their positions of Gates Industrial.
View the latest ratings for GTES.

What other companies compete with Gates Industrial?

Other companies that are similar to Gates Industrial include IMI, Zurn Water Solutions, Twin Disc, Graham, Greenland Technologies and Seychelle Environmental Technologies.

How do I contact Gates Industrial's investor relations team?

Gates Industrial's physical mailing address is 1144 FIFTEENTH STREET, DENVER CO, 80202. The company's listed phone number is 303-744-1911 and its investor relations email address is [email protected] The official website for Gates Industrial is www.gates.com.