UBS Group set a €27.00 ($33.33) price objective on Evonik Industries (FRA:EVK) in a research report released on Monday, January 8th, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.
Other analysts have also recently issued reports about the company. DZ Bank reaffirmed a neutral rating on shares of Evonik Industries in a research report on Friday, November 3rd. Goldman Sachs Group set a €29.00 ($35.80) price objective on Evonik Industries and gave the stock a neutral rating in a research report on Monday, November 6th. Berenberg Bank set a €33.00 ($40.74) price target on Evonik Industries and gave the company a buy rating in a report on Friday, September 15th. Kepler Capital Markets set a €31.00 ($38.27) price target on Evonik Industries and gave the company a neutral rating in a report on Friday, November 3rd. Finally, Barclays set a €34.50 ($42.59) price target on Evonik Industries and gave the company a buy rating in a report on Friday, September 29th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €33.95 ($41.91).
Evonik Industries (FRA EVK) traded down €0.58 ($0.72) during trading hours on Monday, reaching €30.74 ($37.95). The company had a trading volume of 738,768 shares. The stock has a market cap of $14,250.00 and a P/E ratio of 19.58. Evonik Industries has a 12-month low of €26.78 ($33.06) and a 12-month high of €32.97 ($40.70).
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About Evonik Industries
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, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.
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