Gates Industrial Corporation plc (GTES) receives an Overweight rating from JP Morgan

Gates Industrial Corporation plc’s recently made public that its Director Eliasson Fredrik J acquired Company’s shares for reported $1.17 million on Mar 07 ’25. In the deal valued at $19.56 per share,60,000 shares were bought. As a result of this transaction, Eliasson Fredrik J now holds 188,452 shares worth roughly $4.72 million.

Then, BX Gates ML-5 Holdco LLC bought 14,865 shares, generating $317,962 in total proceeds.

Before that, BX Gates ML-4 Holdco LLC bought 64,602 shares. Gates Industrial Corporation plc shares valued at $1,381,837 were divested by the insider at a price of $21.39 per share.

JP Morgan initiated its Gates Industrial Corporation plc [GTES] rating to an Overweight in a research note published on August 25, 2025; the price target was $35. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early December from “an Equal weight” to “an Overweight”. Morgan Stanley began covering GTES with “an Equal-weight” recommendation on September 06, 2024. RBC Capital Mkts revised its rating on August 19, 2024. It rated GTES as “an Outperform” which previously was an “a Sector perform”.

Price Performance Review of GTES

On Tuesday, Gates Industrial Corporation plc [NYSE:GTES] saw its stock fall -1.96% to $25.06. Over the last five days, the stock has lost -2.07%. Gates Industrial Corporation plc shares have risen nearly 40.87% since the year began. Nevertheless, the stocks have risen 21.83% over the past one year. While a 52-week high of $26.33 was reached on 08/28/25, a 52-week low of $14.70 was recorded on 04/07/25.

Levels Of Support And Resistance For GTES Stock

The 24-hour chart illustrates a support level at 24.78, which if violated will result in even more drops to 24.51. On the upside, there is a resistance level at 25.32. A further resistance level may holdings at 25.59.

How much short interest is there in Gates Industrial Corporation plc?

A steep rise in short interest was recorded in Gates Industrial Corporation plc stocks on 2025-08-15, dropping by -0.61 million shares to a total of 5.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 5.9 million shares. There was a decline of -11.64%, which implies that there is a negative sentiment for the stock.

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