Gates Industrial Corporation PLC
NYSE:GTES

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Gates Industrial Corporation PLC
NYSE:GTES
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Price: 20.38 USD 0.74%
Market Cap: 5.2B USD
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Wall Street
Price Targets

GTES Price Targets Summary
Gates Industrial Corporation PLC

Wall Street analysts forecast GTES stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for GTES is 23.09 USD with a low forecast of 21.21 USD and a high forecast of 26.25 USD.

Lowest
Price Target
21.21 USD
4% Upside
Average
Price Target
23.09 USD
13% Upside
Highest
Price Target
26.25 USD
29% Upside

GTES Last Price Targets
Gates Industrial Corporation PLC

The latest public price target was made on Oct 31, 2024 by Jeffrey Hammond from KeyBanc , who expects GTES stock to rise by 8% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Jeffrey Hammond
KeyBanc
22 USD
Upside 8%
1 month ago
Oct 31, 2024
Gates Industrial price target raised to $22 from $21 at KeyBanc
TheFly
Jerry Revich
Goldman Sachs
21 USD
Upside 3%
1 month ago
Oct 31, 2024
Goldman Sachs Reiterates Neutral Rating on Gates Industrial Corp. (GTES)
StreetInsider
Chris Snyder
Morgan Stanley
19 USD
Downside 7%
3 months ago
Sep 6, 2024
Morgan Stanley Starts Gates Industrial Corp. (GTES) at Equalweight
StreetInsider
Deane Dray
RBC Capital
22 USD
Upside 8%
4 months ago
Aug 19, 2024
RBC Capital Upgrades Gates Industrial Corp. (GTES) to Outperform
StreetInsider
Michael Halloran
Robert W. Baird
22 USD
Upside 8%
4 months ago
Aug 1, 2024
Gates Industrial price target lowered to $22 from $26 at Baird
TheFly
Jerry Revich
Goldman Sachs
20 USD
Downside 2%
4 months ago
Jul 31, 2024
Gates Industrial price target raised to $20 from $18 at Goldman Sachs
TheFly
Nigel Coe
Wolfe Research
21 USD
Upside 3%
9 months ago
Mar 13, 2024
Gates Industrial Corp. (GTES) PT Raised to $21 at Wolfe Research
StreetInsider
Jeffrey Hammond
KeyBanc
21 USD
Upside 3%
9 months ago
Mar 12, 2024
Gates Industrial Corp. (GTES) PT Raised to $21 at KeyBanc
StreetInsider
Nigel Coe
Wolfe Research
20 USD
Downside 2%
9 months ago
Mar 8, 2024
Wolfe Research Upgrades Gates Industrial Corp. (GTES) to Outperform
StreetInsider
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Jeffrey Hammond
KeyBanc
Price Target 22 USD
Upside/Downside 8%
View Source
Jerry Revich
Goldman Sachs
Price Target 21 USD
Upside/Downside 3%
View Source
Chris Snyder
Morgan Stanley
Price Target 19 USD
Upside/Downside 7%
View Source
Deane Dray
RBC Capital
Price Target 22 USD
Upside/Downside 8%
View Source
Michael Halloran
Robert W. Baird
Price Target 22 USD
Upside/Downside 8%
View Source
Jerry Revich
Goldman Sachs
Price Target 20 USD
Upside/Downside 2%
View Source
Nigel Coe
Wolfe Research
Price Target 21 USD
Upside/Downside 3%
View Source
Jeffrey Hammond
KeyBanc
Price Target 21 USD
Upside/Downside 3%
View Source
Nigel Coe
Wolfe Research
Price Target 20 USD
Upside/Downside 2%
View Source
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Gates Industrial Corporation PLC Competitors:
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49% Upside
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19% Upside
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38% Upside
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Revenue
Forecast

Revenue Estimate
Gates Industrial Corporation PLC

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's revenue is 3%. The projected CAGR for the next 4 years is 1%.

3%
Past Growth
1%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Gates Industrial Corporation PLC

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's operating income is 9%. The projected CAGR for the next 4 years is 12%.

9%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-10%
Average Miss

Net Income
Forecast

Net Income Estimate
Gates Industrial Corporation PLC

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's net income is 32%. The projected CAGR for the next 4 years is 19%.

32%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-18%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is GTES's stock price target?
Price Target
23.09 USD

According to Wall Street analysts, the average 1-year price target for GTES is 23.09 USD with a low forecast of 21.21 USD and a high forecast of 26.25 USD.

What is Gates Industrial Corporation PLC's Revenue forecast?
Projected CAGR
1%

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's revenue is 3%. The projected CAGR for the next 4 years is 1%.

What is Gates Industrial Corporation PLC's Operating Income forecast?
Projected CAGR
12%

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's operating income is 9%. The projected CAGR for the next 4 years is 12%.

What is Gates Industrial Corporation PLC's Net Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Gates Industrial Corporation PLC's net income is 32%. The projected CAGR for the next 4 years is 19%.

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