UBS Group Analysts Give Evonik Industries (FRA:EVK) a €27.00 Price Target

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).

TRADEMARK VIOLATION WARNING: This piece was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/02/02/ubs-group-analysts-give-evonik-industries-evk-a-27-00-price-target.html.

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.

Analyst Recommendations for Evonik Industries (FRA:EVK)

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

Leave a Reply