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Stock impact report

Multiple Analysts Reaffirm Gates Industrial Corporation (GTES) Upside in 2026 [Yahoo! Finance]

Gates Industrial Corporation plc Ordinary Shares (GTES) 
Last gates industrial corporation plc ordinary shares earnings: 2/4 04:10 pm Check Earnings Report
US:NYSE Investor Relations: gates.com/about-us/investor-relations
Company Research Source: Yahoo! Finance
Capital reiterated its Buy rating on Gates Industrial Corporation plc (NYSE:GTES) and set a price target of $29. On January 9, Citi had also reiterated its Buy rating on the stock. However, Andrew Kaplowitz, the analyst at Citi, cut the firm's price target for the shares from $28 to $27. This target price adjustment reflects broader changes the firm made to its price targets as part of its fourth-quarter outlook. The firm's revised price target suggests a further 15.7% upside from current levels. In addition to Citi, financial services firm UBS also presented a similar stance on the shares on January 5. UBS analyst Damian Karas lowered the firm's price target for the stock from $29 to $28 while maintaining a Buy rating. The revised price target offers an additional upside of 22.86% from the current levels. However, unlike Citi and UBS, Barclays reaffirmed its price target and Buy rating for the stock on January 7. Barclays analyst Julian Mitchell maintained the firm's $26 price ta Show less Read more
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