Fuchs Petrolub (FRA:FPE) received a €48.00 ($55.81) price target from investment analysts at Commerzbank in a research note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock. Commerzbank’s price objective points to a potential upside of 27.83% from the stock’s current price.
A number of other research analysts also recently issued reports on FPE. Baader Bank set a €52.50 ($61.05) price objective on shares of Fuchs Petrolub and gave the company a “buy” rating in a research report on Thursday, July 5th. Hauck & Aufhaeuser set a €36.50 ($42.44) price objective on shares of Fuchs Petrolub and gave the company a “sell” rating in a research report on Monday, July 9th. Kepler Capital Markets set a €43.00 ($50.00) price objective on shares of Fuchs Petrolub and gave the company a “sell” rating in a research report on Tuesday, July 31st. UBS Group set a €44.00 ($51.16) price objective on shares of Fuchs Petrolub and gave the company a “neutral” rating in a research report on Tuesday, July 31st. Finally, Berenberg Bank set a €47.00 ($54.65) price objective on shares of Fuchs Petrolub and gave the company a “neutral” rating in a research report on Wednesday, August 1st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €45.72 ($53.16).
Fuchs Petrolub stock traded up €0.35 ($0.41) during mid-day trading on Tuesday, reaching €37.55 ($43.66). 33,484 shares of the company traded hands. Fuchs Petrolub has a 52-week low of €37.40 ($43.49) and a 52-week 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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