Evonik Industries (EVK) Given a €40.00 Price Target at Baader Bank

Baader Bank set a €40.00 ($46.51) price target on Evonik Industries (FRA:EVK) in a report published on Tuesday. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. Deutsche Bank set a €40.00 ($46.51) price target on Evonik Industries and gave the stock a buy rating in a research report on Wednesday, July 18th. Warburg Research set a €38.00 ($44.19) price target on Evonik Industries and gave the stock a buy rating in a research report on Wednesday, September 26th. Goldman Sachs Group set a €32.00 ($37.21) price target on Evonik Industries and gave the stock a neutral rating in a research report on Wednesday, July 18th. Credit Suisse Group set a €34.30 ($39.88) price target on Evonik Industries and gave the stock a buy rating in a research report on Wednesday, July 18th. Finally, Kepler Capital Markets set a €32.00 ($37.21) price objective on Evonik Industries and gave the company a neutral rating in a research note on Thursday, August 2nd. 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’s stock. The company presently has an average rating of Hold and a consensus target price of €34.48 ($40.09).

Shares of FRA EVK opened at €26.72 ($31.07) on Tuesday. Evonik Industries has a 52 week low of €26.78 ($31.14) and a 52 week 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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