Brokerages Set Evonik Industries AG (FRA:EVK) Target Price at €33.19

Evonik Industries AG (FRA:EVK) has been assigned a consensus rating of “Hold” from the seventeen brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and two have given a hold rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is €33.19 ($37.72).

A number of analysts recently issued reports on the company. Kepler Capital Markets set a €35.00 ($39.77) price objective on Evonik Industries in a research report on Thursday, November 4th. Sanford C. Bernstein set a €44.00 ($50.00) price objective on Evonik Industries in a research report on Thursday, November 18th. The Goldman Sachs Group set a €28.10 ($31.93) price objective on Evonik Industries in a research report on Friday, December 17th. Deutsche Bank Aktiengesellschaft set a €38.00 ($43.18) price objective on Evonik Industries in a research report on Friday, November 19th. Finally, JPMorgan Chase & Co. set a €36.00 ($40.91) price objective on Evonik Industries in a research report on Tuesday, December 7th.

Shares of EVK stock opened at €28.86 ($32.80) on Wednesday. Evonik Industries has a 1-year low of €26.78 ($30.43) and a 1-year high of €32.97 ($37.47). The stock’s fifty day simple moving average is €28.05 and its 200-day simple moving average is €28.22.

Evonik Industries Company Profile

Evonik Industries AG engages in the specialty chemicals business. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Services segments. The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, TAA and TAA derivatives, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications.

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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