Warburg Research Reiterates €38.70 Price Target for Evonik Industries (EVK)

Warburg Research set a €38.70 ($46.07) price objective on Evonik Industries (FRA:EVK) in a report released on Monday. The brokerage currently has a buy rating on the stock.

Several other research analysts also recently commented on the company. Berenberg Bank set a €33.00 ($39.29) target price on Evonik Industries and gave the stock a buy rating in a research note on Wednesday, August 16th. Commerzbank set a €33.00 ($39.29) target price on Evonik Industries and gave the stock a buy rating in a research note on Monday, September 11th. Sanford C. Bernstein set a €33.00 ($39.29) target price on Evonik Industries and gave the stock a buy rating in a research note on Tuesday, September 5th. Baader Bank set a €41.00 ($48.81) target price on Evonik Industries and gave the stock a buy rating in a research note on Thursday, September 21st. Finally, Credit Suisse Group set a €34.30 ($40.83) target price on Evonik Industries and gave the stock a buy rating in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the stock. Evonik Industries currently has an average rating of Buy and a consensus target price of €34.01 ($40.48).

Shares of Evonik Industries (EVK) opened at €32.84 ($39.09) on Monday. Evonik Industries has a 52-week low of €25.74 ($30.64) and a 52-week high of €32.97 ($39.25).

ILLEGAL ACTIVITY NOTICE: This piece of content was posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/12/07/warburg-research-reiterates-38-70-price-target-for-evonik-industries-evk.html.

Evonik Industries Company Profile

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries (FRA:EVK)

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit