Warburg Research set a €32.30 ($37.56) price target on Fuchs Petrolub (FRA:FPE) in a research report released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts also recently issued reports on the stock. Nord/LB set a €64.00 ($74.42) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a report on Thursday, May 23rd. Credit Suisse Group downgraded shares of to a neutral rating and raised their price objective for the stock from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a report on Tuesday, June 18th. Kepler Capital Markets set a €70.00 ($81.40) price objective on shares of Bayer and gave the stock a neutral rating in a report on Thursday, June 27th. HSBC set a $122.00 price objective on shares of Tiffany & Co. and gave the stock a buy rating in a report on Friday, June 14th. Finally, DZ Bank reissued a neutral rating on shares of Fuchs Petrolub in a report on Thursday, June 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. Fuchs Petrolub has an average rating of Hold and an average target price of €39.02 ($45.38).
FPE opened at €31.90 ($37.09) on Monday. The business has a 50 day simple moving average of €32.00. Fuchs Petrolub has a 12-month low of €37.40 ($43.49) and a 12-month high of €44.80 ($52.09).
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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