Kepler Capital Markets set a €25.00 ($29.07) target price on Evonik Industries (FRA:EVK) in a research report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
EVK has been the subject of several other reports. Goldman Sachs Group restated a neutral rating on shares of Evonik Industries in a research report on Monday, March 25th. UBS Group set a €21.00 ($24.42) price objective on Evonik Industries and gave the stock a sell rating in a research report on Tuesday, January 22nd. Sanford C. Bernstein set a €32.00 ($37.21) price objective on Evonik Industries and gave the stock a buy rating in a research report on Tuesday, January 8th. Nord/LB set a €26.00 ($30.23) price objective on Evonik Industries and gave the stock a neutral rating in a research report on Tuesday, March 5th. Finally, Warburg Research set a €35.75 ($41.57) price objective on Evonik Industries and gave the stock a buy rating in a research report on Thursday, March 7th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company’s stock. Evonik Industries currently has a consensus rating of Hold and an average price target of €30.93 ($35.96).
Shares of Evonik Industries stock opened at €26.25 ($30.52) on Tuesday. Evonik Industries has a 1 year low of €26.78 ($31.14) and a 1 year high of €32.97 ($38.34).
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, oleochemicals, quaternary derivatives, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.
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