DZ Bank Reiterates Buy Rating for Evonik Industries (EVK)

DZ Bank restated their buy rating on shares of Evonik Industries (FRA:EVK) in a research report report published on Wednesday morning.

A number of other research firms have also recently weighed in on EVK. Citigroup set a €29.00 ($33.72) target price on shares of Evonik Industries and gave the stock a neutral rating in a research note on Friday, November 16th. Goldman Sachs Group set a €29.50 ($34.30) target price on shares of Evonik Industries and gave the stock a neutral rating in a research note on Tuesday, November 13th. Sanford C. Bernstein set a €30.00 ($34.88) target price on shares of Evonik Industries and gave the stock a buy rating in a research note on Tuesday, March 5th. JPMorgan Chase & Co. set a €24.50 ($28.49) target price on shares of Evonik Industries and gave the stock a neutral rating in a research note on Tuesday, March 5th. Finally, Independent Research set a €29.00 ($33.72) price objective on shares of Evonik Industries and gave the stock a neutral rating in a research note on Tuesday, March 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €31.06 ($36.12).

FRA EVK opened at €25.76 ($29.95) on Wednesday. Evonik Industries has a fifty-two week low of €26.78 ($31.14) and a fifty-two week 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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