JPMorgan Chase & Co. set a €26.00 ($30.23) price target on Evonik Industries (FRA:EVK) in a report released on Tuesday. The firm currently has a neutral rating on the stock.
Several other research firms have also commented on EVK. Citigroup set a €29.00 ($33.72) price objective on Evonik Industries and gave the stock a neutral rating in a research note on Friday, November 16th. Goldman Sachs Group set a €29.50 ($34.30) target price on Evonik Industries and gave the stock a neutral rating in a report on Tuesday, November 13th. Sanford C. Bernstein set a €30.00 ($34.88) target price on Evonik Industries and gave the stock a buy rating in a report on Tuesday, March 5th. UBS Group set a €29.00 ($33.72) target price on Evonik Industries and gave the stock a sell rating in a report on Monday, November 12th. Finally, Societe Generale set a €40.00 ($46.51) target price on Evonik Industries and gave the stock a buy rating in a report on Monday, November 12th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €31.06 ($36.12).
FRA:EVK opened at €25.80 ($30.00) on Tuesday. Evonik Industries has a 12 month low of €26.78 ($31.14) and a 12 month high of €32.97 ($38.34).
About Evonik Industries
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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