equinet Reiterates €41.00 Price Target for Evonik Industries (EVK)

equinet set a €41.00 ($47.67) price target on Evonik Industries (FRA:EVK) in a research note published on Tuesday. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Societe Generale set a €40.00 ($46.51) price target on Evonik Industries and gave the company a buy rating in a report on Tuesday. Barclays set a €34.00 ($39.53) price target on Evonik Industries and gave the company a buy rating in a report on Tuesday. JPMorgan Chase & Co. set a €27.00 ($31.40) price target on Evonik Industries and gave the company a sell rating in a report on Tuesday. UBS Group set a €29.00 ($33.72) price target on Evonik Industries and gave the company a sell rating in a report on Tuesday. Finally, Sanford C. Bernstein set a €36.00 ($41.86) price target on Evonik Industries and gave the company a buy rating in a report on Tuesday. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €34.48 ($40.09).

Shares of FRA EVK opened at €26.51 ($30.83) on Tuesday. Evonik Industries has a twelve month low of €26.78 ($31.14) and a twelve month high of €32.97 ($38.34).

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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