Synthomer PLC (LON:SYNT) announced a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 5th will be paid a dividend of GBX 3.70 ($0.05) per share on Monday, November 6th. This represents a dividend yield of 0.76%. The ex-dividend date is Thursday, October 5th. The official announcement can be viewed at this link.
Synthomer PLC (LON SYNT) traded down 0.23% during mid-day trading on Friday, reaching GBX 473.40. 232,598 shares of the company traded hands. Synthomer PLC has a 12-month low of GBX 339.60 and a 12-month high of GBX 516.37. The stock’s market capitalization is GBX 1.61 billion. The company’s 50-day moving average is GBX 485.80 and its 200-day moving average is GBX 479.98.
Several brokerages recently weighed in on SYNT. Barclays PLC reaffirmed an “overweight” rating on shares of Synthomer PLC in a research note on Thursday, August 10th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 525 ($6.82) price target on shares of Synthomer PLC in a research note on Friday, August 11th. Numis Securities Ltd upped their price target on Synthomer PLC from GBX 460 ($5.97) to GBX 500 ($6.49) and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 465 ($6.04) price target on shares of Synthomer PLC in a research note on Wednesday, August 9th. Finally, Deutsche Bank AG upped their price target on Synthomer PLC from GBX 525 ($6.82) to GBX 550 ($7.14) and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 467.69 ($6.07).
In other Synthomer PLC news, insider Calum MacLean acquired 3,424 shares of the company’s stock in a transaction that occurred on Thursday, July 6th. The shares were bought at an average cost of GBX 497 ($6.45) per share, with a total value of £17,017.28 ($22,091.76). Also, insider Alexander G. Catto sold 950,000 shares of the stock in a transaction on Thursday, June 8th. The shares were sold at an average price of GBX 497 ($6.45), for a total value of £4,721,500 ($6,129,430.09).
About Synthomer PLC
Synthomer Plc is a specialty chemical company. The Company supplies aqueous polymers in various markets, including paper, carpet and foam, construction and coating, functional polymers, health and protection, specialties and other. It operates in segments, including Europe and North America and Asia and Rest of World.
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