JPMorgan Chase & Co. set a €26.00 ($30.23) target price on Evonik Industries (FRA:EVK) in a research report report published on Tuesday morning. The firm currently has a neutral rating on the stock.
A number of other research firms have also recently commented on EVK. Citigroup set a €29.00 ($33.72) target price on Evonik Industries and gave the company a neutral rating in a research report on Friday, November 16th. Berenberg Bank set a €30.00 ($34.88) target price on Evonik Industries and gave the company a buy rating in a research report on Wednesday, December 19th. Deutsche Bank set a €40.00 ($46.51) target price on Evonik Industries and gave the company a buy rating in a research report on Monday, December 3rd. UBS Group set a €21.00 ($24.42) target price on Evonik Industries and gave the company a sell rating in a research report on Tuesday, January 22nd. Finally, Nord/LB set a €29.00 ($33.72) target price on Evonik Industries and gave the company a neutral rating in a research report on Thursday, January 24th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. Evonik Industries currently has an average rating of Hold and a consensus target price of €31.06 ($36.12).
FRA:EVK opened at €25.76 ($29.95) on Tuesday. Evonik Industries has a 52 week low of €26.78 ($31.14) and a 52 week high of €32.97 ($38.34).
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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