Peel Hunt restated their buy rating on shares of Synthomer (LON:SYNT) in a research note issued to investors on Monday.
Several other equities research analysts have also recently commented on SYNT. Numis Securities reissued a hold rating on shares of Synthomer in a report on Monday, July 30th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Synthomer in a report on Tuesday, August 7th. Deutsche Bank upped their price target on Synthomer from GBX 630 ($8.23) to GBX 640 ($8.36) and gave the company a buy rating in a report on Tuesday, August 7th. UBS Group reaffirmed a sell rating on shares of Synthomer in a report on Tuesday, August 7th. Finally, Berenberg Bank upped their price target on Synthomer from GBX 570 ($7.45) to GBX 600 ($7.84) and gave the company a buy rating in a report on Wednesday, August 8th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 525 ($6.86).
Shares of LON:SYNT opened at GBX 459 ($6.00) on Monday. Synthomer has a 12 month low of GBX 452.51 ($5.91) and a 12 month high of GBX 517.50 ($6.76).
Synthomer Company Profile
Synthomer plc operates as a specialty chemical company in Europe, North America, Asia, and internationally. It offers adhesives for use in labels, graphics, specialty tapes, caulks and sealants, wet glues, protective films, packaging, and other applications; and high solid lattices for foamed footwear and bedding products.
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