Baader Bank Reiterates €38.00 Price Target for Evonik Industries AG (EVK)

Baader Bank set a €38.00 ($44.71) target price on Evonik Industries AG (FRA:EVK) in a report released on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts also recently weighed in on EVK. J P Morgan Chase & Co set a €25.00 ($29.41) target price on shares of Evonik Industries AG and gave the stock a sell rating in a research note on Thursday, August 10th. Barclays PLC set a €34.50 ($40.59) target price on shares of Evonik Industries AG and gave the stock a buy rating in a research note on Friday, September 29th. Credit Suisse Group set a €34.30 ($40.35) target price on shares of Evonik Industries AG and gave the stock a buy rating in a research note on Tuesday, September 26th. Deutsche Bank AG set a €32.00 ($37.65) target price on shares of Evonik Industries AG and gave the stock a neutral rating in a research note on Thursday, September 28th. Finally, Independent Research GmbH set a €30.00 ($35.29) target price on shares of Evonik Industries AG and gave the stock a neutral rating in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €32.19 ($37.87).



Evonik Industries AG (FRA EVK) opened at 31.20 on Thursday. Evonik Industries AG has a 1-year low of €25.67 and a 1-year high of €32.20. The company has a market capitalization of €14.66 billion and a P/E ratio of 17.42. The stock’s 50 day moving average is €29.85 and its 200-day moving average is €29.50.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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