Fuchs Petrolub (FRA:FPE) has been given a €45.00 ($52.33) price objective by investment analysts at UBS Group in a research note issued to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 16.28% from the stock’s current price.
Other research analysts also recently issued research reports about the company. Baader Bank set a €55.00 ($63.95) price target on Fuchs Petrolub and gave the company a “buy” rating in a report on Monday, October 22nd. Commerzbank set a €48.00 ($55.81) price target on Fuchs Petrolub and gave the company a “neutral” rating in a report on Friday, October 12th. Nord/LB set a €44.00 ($51.16) price target on Fuchs Petrolub and gave the company a “neutral” rating in a report on Friday, November 2nd. Independent Research set a €43.00 ($50.00) price target on Fuchs Petrolub and gave the company a “neutral” rating in a report on Tuesday, October 23rd. Finally, equinet set a €50.00 ($58.14) price target on Fuchs Petrolub and gave the company a “buy” rating in a report on Thursday, November 1st. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of €43.72 ($50.84).
Shares of FPE stock opened at €38.70 ($45.00) on Tuesday. Fuchs Petrolub has a 1-year low of €37.40 ($43.49) and a 1-year high of €44.80 ($52.09).
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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