Baader Bank set a €40.00 ($47.06) target price on Evonik Industries (FRA:EVK) in a report released on Tuesday. The firm currently has a buy rating on the stock.
EVK has been the topic of a number of other reports. Morgan Stanley set a €38.00 ($44.71) price objective on Evonik Industries and gave the company a buy rating in a report on Monday, July 2nd. Kepler Capital Markets set a €31.00 ($36.47) price objective on Evonik Industries and gave the company a neutral rating in a report on Friday, April 20th. equinet set a €39.00 ($45.88) price objective on Evonik Industries and gave the company a buy rating in a report on Friday, June 22nd. JPMorgan Chase & Co. set a €25.00 ($29.41) price objective on Evonik Industries and gave the company a sell rating in a report on Tuesday, May 8th. Finally, Deutsche Bank reiterated a buy rating on shares of Evonik Industries in a report on Tuesday, April 3rd. Four analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €34.44 ($40.52).
Get Evonik Industries alerts:Evonik Industries opened at €31.39 ($36.93) on Tuesday, according to Marketbeat. Evonik Industries has a one year low of €26.78 ($31.51) and a one year high of €32.97 ($38.79).
Evonik Industries Company Profile
Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.
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