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Gates Industrial Corporation PLC
NYSE:GTES

Watchlist Manager
Gates Industrial Corporation PLC Logo
Gates Industrial Corporation PLC
NYSE:GTES
Watchlist
Price: 17.29 USD 0.64%
Updated: Apr 19, 2024

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 19.99 USD with a low forecast of 14.14 USD and a high forecast of 26.25 USD.

Lowest
Price Target
14.14 USD
18% Downside
Average
Price Target
19.99 USD
16% Upside
Highest
Price Target
26.25 USD
52% Upside

GTES Last Price Targets
Gates Industrial Corporation PLC

The latest public price target was made on Mar 13, 2024 by Nigel Coe from Wolfe Research , who expects GTES stock to rise by 21% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Nigel Coe
Wolfe Research
21 USD
Upside 21%
1 month ago
Mar 13, 2024
Gates Industrial Corp. (GTES) PT Raised to $21 at Wolfe Research
StreetInsider
Jeffrey Hammond
KeyBanc
21 USD
Upside 21%
1 month ago
Mar 12, 2024
Gates Industrial Corp. (GTES) PT Raised to $21 at KeyBanc
StreetInsider
Nigel Coe
Wolfe Research
20 USD
Upside 16%
1 month ago
Mar 8, 2024
Wolfe Research Upgrades Gates Industrial Corp. (GTES) to Outperform
StreetInsider
Nigel Coe
Wolfe Research
Price Target 21 USD
Upside/Downside 21%
View Source
Jeffrey Hammond
KeyBanc
Price Target 21 USD
Upside/Downside 21%
View Source
Nigel Coe
Wolfe Research
Price Target 20 USD
Upside/Downside 16%
View Source
Gates Industrial Corporation PLC Competitors:
Price Targets
6405
Suzumo Machinery Co Ltd
4% Downside
300442
Shanghai Precise Packaging Co Ltd
16% Upside
092440
Kishin Corp
167% Upside
137400
People & Technology Inc
93% Upside
5933
Alinco Inc
1% Downside
INGERRAND
Ingersoll-Rand (India) Ltd
85% Downside
AALB
Aalberts NV
12% Upside
DAR
Datron AG
103% Upside

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 3 years is 3%.

3%
Past Growth
3%
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 3 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 3 years is 29%.

32%
Past Growth
29%
Estimated Growth
Estimates Accuracy
-21%
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
19.99 USD

According to Wall Street analysts, the average 1-year price target for GTES is 19.99 USD with a low forecast of 14.14 USD and a high forecast of 26.25 USD.

What is Gates Industrial Corporation PLC's Revenue forecast?
Projected CAGR
3%

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 3 years is 3%.

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 3 years is 12%.

What is Gates Industrial Corporation PLC's Net Income forecast?
Projected CAGR
29%

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 3 years is 29%.