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Multiple Analysts Reaffirm Gates Industrial Corporation (GTES) Upside in 2026
Yahoo Finance· 2026-01-24 05:31
Group 1 - Gates Industrial Corporation plc (NYSE:GTES) is identified as one of the 10 most undervalued industrial stocks to buy according to analysts [1] - RBC Capital reiterated its Buy rating on Gates Industrial and set a price target of $29, indicating a potential upside of 15.7% from current levels [1] - Citi also maintained a Buy rating but reduced its price target from $28 to $27, reflecting broader changes in its fourth-quarter outlook [1] - UBS lowered its price target from $29 to $28 while keeping a Buy rating, suggesting a 22.86% upside from current levels [2] - Barclays reaffirmed its price target at $26 with a Buy rating, implying an 11.5% upside from current levels [3] Group 2 - Gates Industrial Corporation is a manufacturer and seller of engineered power transmission and fluid power solutions globally [4] - The company operates through two segments: Fluid Power and Power Transmission, serving both replacement channel customers and original equipment manufacturers [4]