Evonik Industries AG (EVK) Given a €33.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €33.00 ($38.82) target price on Evonik Industries AG (FRA:EVK) in a research note published on Wednesday morning. The firm currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on the stock. DZ Bank AG reissued a neutral rating on shares of Evonik Industries AG in a research report on Friday, August 11th. J P Morgan Chase & Co set a €25.00 ($29.41) price target on shares of Evonik Industries AG and gave the company a sell rating in a research note on Thursday, August 10th. Independent Research GmbH set a €30.00 ($35.29) price target on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Tuesday, August 8th. Deutsche Bank AG set a €32.00 ($37.65) price target on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Friday, August 4th. Finally, Baader Bank set a €41.00 ($48.24) price target on shares of Evonik Industries AG and gave the company a buy rating in a research note on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €31.54 ($37.10).

Shares of Evonik Industries AG (FRA EVK) traded up 0.07% during midday trading on Wednesday, reaching €27.52. 300 shares of the company’s stock traded hands. Evonik Industries AG has a 12 month low of €25.67 and a 12 month high of €32.20. The firm has a market cap of €12.93 billion and a PE ratio of 15.37. The stock has a 50-day moving average price of €28.43 and a 200 day moving average price of €29.82.

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