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Gates Industrial - GTES Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $20.30
  • Forecasted Upside: -3.75%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$21.09 As of 11/20/2024 01:00 AM ET
▼ -0.19 (-0.89%)

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 $20.30
▼ -3.75% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Gates Industrial in the last 3 months. The average price target is $20.30, with a high forecast of $22.00 and a low forecast of $16.00. The average price target represents a -3.75% upside from the last price of $21.09.

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 Moderate Buy

The current consensus among 10 contributing investment analysts is to moderate buy stock in Gates Industrial. This rating has held steady since February 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/5/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$16.00 ➝ $21.00
10/31/2024KeyCorpBoost TargetOverweight ➝ Overweight$21.00 ➝ $22.00
9/6/2024Morgan StanleyInitiated CoverageEqual Weight$19.00
8/19/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$15.00 ➝ $16.00
8/19/2024Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$20.00 ➝ $22.00
8/1/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$19.00 ➝ $20.00
8/1/2024Robert W. BairdLower TargetOutperform ➝ Outperform$26.00 ➝ $22.00
8/1/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$18.00 ➝ $20.00
6/4/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$17.00 ➝ $16.00
5/2/2024Robert W. BairdBoost TargetOutperform ➝ Outperform$25.00 ➝ $26.00
4/16/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$16.00 ➝ $18.00
4/8/2024CitigroupBoost TargetBuy ➝ Buy$17.00 ➝ $20.00
3/8/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$20.00
2/29/2024Jefferies Financial GroupInitiated CoverageBuy$21.00
2/22/2024KeyCorpUpgradeSector Weight ➝ Overweight$18.00
2/20/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$12.50 ➝ $14.00
9/7/2023BarclaysLower Target$15.00 ➝ $14.00
8/4/2023CitigroupLower Target$17.00 ➝ $16.00
6/20/2023The Goldman Sachs GroupDowngradeBuy ➝ Neutral$14.50
5/9/2023VNET GroupReiterated RatingMaintains
5/9/2023Evercore ISILower Target$15.00 ➝ $14.00
5/8/2023UBS GroupBoost Target$16.00 ➝ $18.00
5/5/2023Robert W. BairdBoost Target$18.00 ➝ $19.00
2/13/2023Credit Suisse GroupBoost TargetNeutral$14.00 ➝ $15.00
2/10/2023BarclaysBoost TargetEqual Weight$13.00 ➝ $15.00
2/10/2023The Goldman Sachs GroupBoost TargetBuy$13.50 ➝ $15.50
2/10/2023CitigroupBoost TargetBuy$14.00 ➝ $17.00
2/10/2023Royal Bank of CanadaBoost TargetSector Perform$12.00 ➝ $14.00
2/10/2023Morgan StanleyBoost TargetEqual Weight$11.00 ➝ $14.00
2/10/2023Robert W. BairdBoost TargetOutperform$14.00 ➝ $18.00
1/23/2023The Goldman Sachs GroupBoost TargetBuy$12.00 ➝ $13.50
12/9/2022CitigroupBoost TargetBuy$13.00 ➝ $14.00
11/7/2022Credit Suisse GroupBoost TargetNeutral$13.00 ➝ $14.00
11/7/2022Robert W. BairdLower Target$19.00 ➝ $14.00
10/14/2022The Goldman Sachs GroupLower TargetBuy$15.00 ➝ $13.00
10/14/2022KeyCorpLower TargetOverweight$15.00 ➝ $13.00
10/12/2022Morgan StanleyLower TargetEqual Weight$13.00 ➝ $11.00
10/10/2022CitigroupLower Target$14.00 ➝ $13.00
10/3/2022BarclaysLower TargetEqual Weight$14.00 ➝ $13.00
8/11/2022Evercore ISIDowngradeOutperform ➝ In-Line$15.00 ➝ $13.50
8/8/2022CitigroupLower TargetBuy$15.00 ➝ $14.00
7/19/2022Credit Suisse GroupSet Target$13.00
7/12/2022KeyCorpLower TargetOverweight$18.00 ➝ $15.00
7/8/2022BarclaysLower TargetEqual Weight$15.00 ➝ $14.00
6/23/2022The Goldman Sachs GroupLower TargetBuy$17.00 ➝ $15.00
6/1/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$17.00 ➝ $14.00
5/31/2022Morgan StanleyLower TargetEqual Weight$15.00 ➝ $13.00
5/5/2022CitigroupLower Target$19.00 ➝ $17.00
4/7/2022Morgan StanleyLower TargetEqual Weight$17.00 ➝ $16.00
4/6/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform
4/4/2022BarclaysLower TargetEqual Weight$17.00 ➝ $16.00
2/8/2022Morgan StanleyLower TargetEqual Weight$18.00 ➝ $17.00
2/8/2022KeyCorpLower TargetOverweight$22.00 ➝ $20.00
1/14/2022Morgan StanleyLower TargetEqual Weight$19.00 ➝ $18.00
12/6/2021BarclaysDowngradeOverweight ➝ Equal Weight$22.00 ➝ $18.00
11/9/2021Royal Bank of CanadaBoost TargetOutperform$20.00 ➝ $21.00
10/7/2021Morgan StanleyLower TargetEqual Weight$20.00 ➝ $19.00
9/3/2021Evercore ISIInitiated CoverageOutperform$23.00
8/25/2021Robert W. BairdReiterated RatingBuy
8/10/2021Credit Suisse GroupBoost TargetNeutral$21.00 ➝ $22.00
5/25/2021Robert W. BairdInitiated CoverageOutperform$26.00
5/19/2021Wolfe ResearchInitiated CoverageOutperform
5/11/2021CitigroupBoost Target$22.00 ➝ $24.00
5/11/2021Credit Suisse GroupBoost TargetNeutral$19.00 ➝ $21.00
5/11/2021Morgan StanleyBoost TargetEqual Weight$18.00 ➝ $20.00
5/11/2021KeyCorpBoost TargetOverweight$20.00 ➝ $22.00
4/13/2021KeyCorpBoost TargetOverweight$19.00 ➝ $20.00
4/12/2021Morgan StanleyBoost TargetEqual Weight$17.50 ➝ $18.00
4/6/2021BarclaysBoost TargetOverweight$18.00 ➝ $19.00
3/1/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$17.00 ➝ $21.00
2/22/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$17.00 ➝ $21.00
2/9/2021CitigroupBoost Target$18.00 ➝ $22.00
2/9/2021Credit Suisse GroupBoost TargetNeutral$15.00 ➝ $18.00
2/9/2021Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $17.50
2/9/2021KeyCorpBoost TargetOverweight$17.00 ➝ $19.00
2/9/2021BarclaysBoost TargetOverweight$16.00 ➝ $18.00
1/20/2021Morgan StanleyBoost TargetEqual Weight$13.50 ➝ $16.00
1/12/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$13.00 ➝ $15.00
11/18/2020KeyCorpBoost TargetOverweight$15.00 ➝ $17.00
11/4/2020Morgan StanleyBoost TargetEqual Weight$13.00 ➝ $13.50
11/4/2020KeyCorpBoost TargetOverweight$14.00 ➝ $15.00
10/13/2020Morgan StanleyBoost TargetEqual Weight$12.00 ➝ $13.00
10/13/2020UBS GroupUpgradeNeutral ➝ Buy$12.00 ➝ $15.00
9/15/2020BarclaysBoost TargetOverweight$15.00 ➝ $16.00
8/28/2020KeyCorpBoost TargetOverweight$13.00 ➝ $14.00
8/10/2020BarclaysUpgradeEqual Weight ➝ Overweight$13.00 ➝ $15.00
8/7/2020Morgan StanleyBoost TargetEqual Weight$11.00 ➝ $12.00
8/6/2020Credit Suisse GroupBoost TargetOutperform$11.00 ➝ $13.00
8/6/2020CitigroupBoost TargetBuy$12.00 ➝ $13.00
8/5/2020KeyCorpBoost TargetOverweight$12.00 ➝ $13.00
7/7/2020BarclaysBoost TargetEqual Weight$12.00 ➝ $13.00
6/30/2020Morgan StanleyBoost TargetEqual Weight$9.00 ➝ $11.00
5/8/2020UBS GroupBoost TargetNeutral$7.50 ➝ $8.00
5/7/2020Credit Suisse GroupBoost TargetOutperform$8.00 ➝ $9.50
5/7/2020BarclaysReiterated RatingHold
5/6/2020Royal Bank of CanadaReiterated RatingHold$8.00
5/6/2020Morgan StanleyBoost TargetEqual Weight$6.00 ➝ $9.00
4/1/2020CitigroupLower TargetBuy$13.00 ➝ $10.00
4/1/2020Royal Bank of CanadaReiterated RatingHold$8.00
3/17/2020Morgan StanleyLower TargetEqual Weight$13.00 ➝ $8.00
2/9/2020BarclaysReiterated RatingHold$15.00
1/13/2020The Goldman Sachs GroupBoost TargetBuy$14.00 ➝ $16.00
12/11/2019UBS GroupInitiated CoverageHold$14.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.81 (Buy)

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
  • 11 very positive mentions
  • 28 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 16 very positive mentions
  • 24 positive mentions
  • 5 negative mentions
  • 3 very negative mentions
Mentions as of
5/24/2024
  • 12 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 9 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 13 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 13 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 17 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 22 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 22 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

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: $21.09
Low: $20.86
High: $21.29

50 Day Range

MA: $18.68
Low: $16.94
High: $21.35

52 Week Range

Now: $21.09
Low: $11.22
High: $21.54

Volume

1,815,703 shs

Average Volume

3,071,971 shs

Market Capitalization

$5.37 billion

P/E Ratio

25.41

Dividend Yield

N/A

Beta

1.38

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., Evercore ISI, Jefferies Financial Group Inc., KeyCorp, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, The Goldman Sachs Group, Inc., TheStreet, and Wolfe Research.
View the latest analyst ratings for GTES.

What is the current price target for Gates Industrial?

0 Wall Street analysts have set twelve-month price targets for Gates Industrial in the last year. Their average twelve-month price target is $20.30, suggesting a possible downside of 3.7%. Royal Bank of Canada has the highest price target set, predicting GTES will reach $22.00 in the next twelve months. Evercore ISI has the lowest price target set, forecasting a price of $16.00 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 4 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for GTES.

What other companies compete with Gates Industrial?

Other companies that are similar to Gates Industrial include Zebra Technologies, Zurn Elkay Water Solutions, Enerflex, Graham and Twin Disc. Learn More about companies similar to Gates Industrial.

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. Learn More about contacing Gates Industrial investor relations.