Evonik Industries AG (EVK) Given a €28.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Evonik Industries AG (FRA:EVK) has been assigned a €28.00 ($32.18) target price by stock analysts at Goldman Sachs Group, Inc. (The) in a report released on Friday. The firm presently has a “neutral” rating on the stock.

Several other equities analysts have also weighed in on EVK. J P Morgan Chase & Co set a €32.00 ($36.78) price objective on Evonik Industries AG and gave the company a “neutral” rating in a research note on Tuesday, July 11th. Sanford C. Bernstein set a €33.00 ($37.93) price objective on Evonik Industries AG and gave the company a “buy” rating in a research note on Tuesday, July 11th. DZ Bank AG reaffirmed a “sell” rating on shares of Evonik Industries AG in a research note on Monday, July 3rd. Nord/LB set a €30.00 ($34.48) price objective on Evonik Industries AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. Finally, Deutsche Bank AG set a €32.00 ($36.78) price objective on Evonik Industries AG and gave the company a “neutral” rating in a research note on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. Evonik Industries AG presently has an average rating of “Hold” and a consensus target price of €32.55 ($37.41).

Shares of Evonik Industries AG (FRA EVK) opened at 28.956 on Friday. The firm has a market cap of €13.63 billion and a PE ratio of 17.743. The stock’s 50 day moving average is €30.28 and its 200 day moving average is €29.85. Evonik Industries AG has a 12 month low of €25.68 and a 12 month high of €32.20.

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