Evonik Industries (EVK) Given a €34.00 Price Target at Barclays

Barclays set a €34.00 ($39.53) price target on Evonik Industries (FRA:EVK) in a research report sent to investors on Tuesday. The brokerage currently has a buy rating on the stock.

EVK has been the subject of several other reports. Morgan Stanley set a €38.00 ($44.19) price target on Evonik Industries and gave the company a buy rating in a research note on Tuesday, July 24th. Deutsche Bank set a €40.00 ($46.51) price target on Evonik Industries and gave the company a buy rating in a research note on Tuesday, October 2nd. UBS Group set a €27.00 ($31.40) price target on Evonik Industries and gave the company a sell rating in a research note on Monday, July 16th. Commerzbank set a €39.00 ($45.35) price target on Evonik Industries and gave the company a buy rating in a research note on Monday, September 17th. Finally, Independent Research set a €34.00 ($39.53) price target on Evonik Industries and gave the company a neutral rating in a research note on Tuesday, August 7th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €34.48 ($40.09).

Shares of EVK stock opened at €26.72 ($31.07) 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, 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.

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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