Evonik Industries (EVK) Given a €31.30 Price Target at Credit Suisse Group

Credit Suisse Group set a €31.30 ($36.40) price target on Evonik Industries (FRA:EVK) in a research report report published on Wednesday morning. The brokerage currently has a buy rating on the stock.

EVK has been the topic of several other reports. JPMorgan Chase & Co. set a €27.00 ($31.40) target price on Evonik Industries and gave the stock a sell rating in a research report on Wednesday, July 18th. Barclays set a €34.00 ($39.53) target price on Evonik Industries and gave the stock a buy rating in a research report on Tuesday. Independent Research set a €34.00 ($39.53) target price on Evonik Industries and gave the stock a neutral rating in a research report on Wednesday, July 18th. Warburg Research set a €38.00 ($44.19) target price on Evonik Industries and gave the stock a buy rating in a research report on Wednesday, July 18th. Finally, Baader Bank set a €40.00 ($46.51) target price on Evonik Industries and gave the stock a buy rating in a research report on Monday, July 30th. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. Evonik Industries has an average rating of Hold and a consensus price target of €34.48 ($40.09).

EVK stock traded down €0.88 ($1.02) during mid-day trading on Wednesday, hitting €26.65 ($30.99). The stock had a trading volume of 1,350,434 shares. 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, oleochemical 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.

Recommended Story: Understanding the different types of bonds

Analyst Recommendations for Evonik Industries (FRA:EVK)

Receive News & Ratings for Evonik Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply