Commerzbank set a €48.00 ($59.26) price objective on Fuchs Petrolub (FRA:FPE) in a research report sent to investors on Thursday morning. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently issued reports on FPE. Baader Bank set a €50.00 ($61.73) target price on shares of Fuchs Petrolub and gave the stock a neutral rating in a report on Wednesday, October 18th. equinet set a €47.00 ($58.02) target price on shares of Fuchs Petrolub and gave the stock a neutral rating in a report on Friday, October 20th. Kepler Capital Markets set a €39.00 ($48.15) target price on shares of Fuchs Petrolub and gave the stock a sell rating in a report on Tuesday, October 24th. DZ Bank reaffirmed a sell rating on shares of Fuchs Petrolub in a report on Tuesday, October 24th. Finally, Independent Research set a €42.00 ($51.85) target price on shares of Fuchs Petrolub and gave the stock a sell rating in a report on Wednesday, October 25th. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Fuchs Petrolub has an average rating of Hold and an average price target of €44.82 ($55.33).
Fuchs Petrolub (FPE) opened at €42.35 ($52.28) on Thursday. The stock has a market cap of $6,080.00 and a PE ratio of 22.17. Fuchs Petrolub has a twelve month low of €37.40 ($46.17) and a twelve month high of €44.80 ($55.31).
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About Fuchs Petrolub
Fuchs Petrolub SE engages in the development, production, distribution, and sale of lubricants and related specialties worldwide. Its automotive lubricants product group includes engine oils, gear oils, shock absorber oils, motorcycle lubricants, lubricants for agricultural machinery, and service fluids; industrial lubricants and specialties product group primarily comprises metal-working fluids, corrosion preventatives, hydraulic and gear oils, greases, and other specialties; and other products group consists of toll blending, chemical process management, and trade activities.
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