Analysts Set Fuchs Petrolub SE (FRA:FPE) Target Price at €39.02

Shares of Fuchs Petrolub SE (FRA:FPE) have been given a consensus recommendation of “Hold” by the fourteen research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is €39.02 ($45.38).

A number of research firms recently commented on FPE. Credit Suisse Group reiterated a “buy” rating and set a $90.00 price target on shares of Bayerische Motoren Werke in a report on Thursday. Kepler Capital Markets set a €70.00 ($81.40) price target on shares of Bayer and gave the company a “neutral” rating in a report on Thursday, June 27th. DZ Bank reiterated a “neutral” rating on shares of Basf in a report on Tuesday, July 9th. UBS Group upped their price target on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Finally, Independent Research set a €36.00 ($41.86) price target on shares of Fuchs Petrolub and gave the company a “neutral” rating in a report on Wednesday, July 10th.

FRA:FPE traded up €0.30 ($0.35) during midday trading on Friday, reaching €31.05 ($36.10). 16,965 shares of the stock traded hands. The business has a fifty day moving average of €31.90. Fuchs Petrolub has a 12 month low of €37.40 ($43.49) and a 12 month high of €44.80 ($52.09).

About Fuchs Petrolub

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.

See Also: What is channel trading?

Analyst Recommendations for Fuchs Petrolub (FRA:FPE)

Receive News & Ratings for Fuchs Petrolub Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuchs Petrolub and related companies with MarketBeat.com's FREE daily email newsletter.