Evonik Industries AG (EVK) Given a €36.00 Price Target by Societe Generale Analysts

Evonik Industries AG (FRA:EVK) received a €36.00 ($42.35) target price from research analysts at Societe Generale in a report issued on Friday. The brokerage currently has a “buy” rating on the stock. Societe Generale’s target price would indicate a potential upside of 11.84% from the stock’s previous close.

Several other analysts have also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) set a €28.00 ($32.94) price target on shares of Evonik Industries AG and gave the stock a “neutral” rating in a research report on Friday, July 14th. J P Morgan Chase & Co set a €32.00 ($37.65) target price on shares of Evonik Industries AG and gave the stock a “neutral” rating in a research note on Tuesday, July 11th. Commerzbank Ag set a €33.00 ($38.82) target price on shares of Evonik Industries AG and gave the stock a “buy” rating in a research note on Monday, September 11th. Sanford C. Bernstein set a €35.00 ($41.18) target price on shares of Evonik Industries AG and gave the stock a “buy” rating in a research note on Thursday, October 5th. Finally, Baader Bank set a €41.00 ($48.24) target price on shares of Evonik Industries AG and gave the stock a “buy” rating in a research note on Thursday, July 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. Evonik Industries AG currently has a consensus rating of “Hold” and a consensus price target of €32.44 ($38.16).

Shares of Evonik Industries AG (EVK) opened at €32.19 ($37.87) on Friday. Evonik Industries AG has a 1 year low of €25.67 ($30.20) and a 1 year high of €32.60 ($38.35).

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