Commerzbank Analysts Give Evonik Industries (EVK) a €39.00 Price Target

Commerzbank set a €39.00 ($45.88) price target on Evonik Industries (FRA:EVK) in a report issued on Thursday. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently issued reports on EVK. equinet set a €39.00 ($45.88) price objective on Evonik Industries and gave the stock a buy rating in a report on Friday, June 22nd. JPMorgan Chase & Co. set a €25.00 ($29.41) price objective on Evonik Industries and gave the stock a sell rating in a report on Tuesday, May 8th. Kepler Capital Markets set a €31.00 ($36.47) price objective on Evonik Industries and gave the stock a neutral rating in a report on Tuesday, May 8th. Independent Research set a €33.00 ($38.82) price objective on Evonik Industries and gave the stock a neutral rating in a report on Wednesday, May 9th. Finally, Societe Generale set a €39.00 ($45.88) price objective on Evonik Industries and gave the stock a buy rating in a report on Wednesday, May 9th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €34.70 ($40.83).

Shares of EVK opened at €32.28 ($37.98) on Thursday. Evonik Industries has a 1 year low of €26.78 ($31.51) and a 1 year high of €32.97 ($38.79).

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, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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