Independent Research Analysts Give Evonik Industries (EVK) a €31.00 Price Target

Independent Research set a €31.00 ($36.05) price objective on Evonik Industries (FRA:EVK) in a report issued on Wednesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms also recently issued reports on EVK. JPMorgan Chase & Co. set a €27.00 ($31.40) price target on Evonik Industries and gave the company a sell rating in a research note on Thursday, August 2nd. Sanford C. Bernstein set a €37.00 ($43.02) price target on Evonik Industries and gave the company a buy rating in a research note on Friday, September 14th. Commerzbank set a €39.00 ($45.35) price target on Evonik Industries and gave the company a buy rating in a research note on Thursday, August 2nd. Warburg Research set a €38.00 ($44.19) price objective on Evonik Industries and gave the company a buy rating in a research note on Tuesday, September 18th. Finally, Morgan Stanley set a €38.00 ($44.19) price objective on Evonik Industries and gave the company a buy rating in a research note on Friday, October 12th. 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 stock. The company has a consensus rating of Hold and a consensus target price of €34.48 ($40.09).

Evonik Industries stock opened at €26.72 ($31.07) on Wednesday. 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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Analyst Recommendations for Evonik Industries (FRA:EVK)

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