Berenberg Bank set a €42.00 ($48.84) target price on Fuchs Petrolub (FRA:FPE) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts have also issued reports about the stock. Nord/LB set a €35.00 ($40.70) target price on shares of Fuchs Petrolub and gave the company a neutral rating in a report on Tuesday, December 3rd. DZ Bank restated a neutral rating on shares of Fuchs Petrolub in a research note on Wednesday, October 30th. HSBC set a €39.00 ($45.35) price target on shares of Fuchs Petrolub and gave the company a neutral rating in a research note on Friday, September 27th. Credit Suisse Group set a €34.00 ($39.53) price target on shares of Fuchs Petrolub and gave the company a sell rating in a research note on Thursday, October 31st. Finally, Bank of America set a €30.00 ($34.88) price target on shares of Fuchs Petrolub and gave the company a sell rating in a research note on Friday, September 20th. Two investment analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €37.09 ($43.13).
FPE stock opened at €39.70 ($46.16) on Tuesday. Fuchs Petrolub has a 12 month low of €37.40 ($43.49) and a 12 month high of €44.80 ($52.09). The company’s 50-day moving average price is €39.00 and its two-hundred day moving average price is €34.54.
Fuchs Petrolub Company Profile
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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