Evonik Industries (EVK) PT Set at €41.00 by equinet

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equinet set a €41.00 ($47.67) target price on Evonik Industries (FRA:EVK) in a research report report published on Tuesday morning. The firm currently has a buy rating on the stock.

Several other brokerages also recently issued reports on EVK. JPMorgan Chase & Co. set a €27.00 ($31.40) target price on shares of Evonik Industries and gave the stock a sell rating in a research note on Thursday, August 2nd. Sanford C. Bernstein set a €37.00 ($43.02) target price on shares of Evonik Industries and gave the stock a buy rating in a research note on Friday, September 14th. Commerzbank set a €39.00 ($45.35) target price on shares of Evonik Industries and gave the stock a buy rating in a research note on Thursday, August 2nd. Warburg Research set a €38.00 ($44.19) target price on shares of Evonik Industries and gave the stock a buy rating in a research note on Tuesday, September 18th. Finally, Morgan Stanley set a €38.00 ($44.19) target price on shares of Evonik Industries and gave the stock a buy rating in a research note on Friday, October 12th. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the 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).

Evonik Industries Company Profile

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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