Synthomer’s (SYNT) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Synthomer (LON:SYNT) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently commented on SYNT. Deutsche Bank boosted their price objective on Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a research report on Friday, July 12th. Barclays restated an underweight rating on shares of in a research report on Thursday, July 4th. JPMorgan Chase & Co. lowered their price target on National Grid from GBX 1,000 ($13.07) to GBX 960 ($12.54) and set an overweight rating on the stock in a research note on Thursday, May 23rd. Numis Securities reaffirmed a buy rating and issued a GBX 340 ($4.44) price target on shares of BT Group in a research note on Monday, April 29th. Finally, Credit Suisse Group set a €50.00 ($58.14) price target on Fresenius SE & Co KGaA and gave the stock a neutral rating in a research note on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 486.27 ($6.35).

Synthomer stock opened at GBX 339.20 ($4.43) on Monday. The stock has a market capitalization of $1.15 billion and a PE ratio of 11.62. Synthomer has a 12 month low of GBX 345 ($4.51) and a 12 month high of GBX 580.50 ($7.59). The firm has a 50 day simple moving average of GBX 367.23. The company has a debt-to-equity ratio of 65.20, a current ratio of 1.22 and a quick ratio of 0.84.

About Synthomer

Synthomer plc operates as a specialty chemicals company in Europe, North America, Asia, and internationally. The company offers pressure-sensitive adhesives, acrylic polymers, acrylic dispersions, and other adhesives; latices for foamed bedding products and footwear; and binders for carpet applications.

Further Reading: What is diluted earnings per share (Diluted EPS)?

Analyst Recommendations for Synthomer (LON:SYNT)

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