Synthomer (SYNT) Given Buy Rating at Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Synthomer (LON:SYNT) in a report published on Wednesday. They currently have a GBX 645 ($8.43) price objective on the stock.

Several other analysts have also commented on the company. JPMorgan Chase & Co. reaffirmed an underweight rating on shares of Synthomer in a research note on Wednesday. UBS Group reaffirmed a sell rating on shares of Synthomer in a research note on Tuesday. Peel Hunt reaffirmed a buy rating on shares of Synthomer in a research note on Monday. Canaccord Genuity reaffirmed a buy rating and issued a GBX 575 ($7.51) price target on shares of Synthomer in a research note on Monday, October 29th. Finally, Berenberg Bank boosted their price target on Synthomer from GBX 570 ($7.45) to GBX 600 ($7.84) and gave the company a buy rating in a research note on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Synthomer has an average rating of Hold and a consensus price target of GBX 541.88 ($7.08).

SYNT stock traded up GBX 0.80 ($0.01) during trading on Wednesday, hitting GBX 458.60 ($5.99). The company had a trading volume of 1,172,275 shares, compared to its average volume of 523,513. Synthomer has a fifty-two week low of GBX 452.51 ($5.91) and a fifty-two week high of GBX 517.50 ($6.76).

About Synthomer

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.

See Also: Inflation

Analyst Recommendations for Synthomer (LON:SYNT)

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

Leave a Reply