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).
WARNING: “Evonik Industries AG (EVK) Given a €36.00 Price Target by Societe Generale Analysts” was published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.com-unik.info/2017/11/05/evonik-industries-ag-evk-given-a-36-00-price-target-by-societe-generale-analysts.html.
What are top analysts saying about Evonik Industries AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Evonik Industries AG and related companies.