Jefferies Financial Group Raises Synthomer (LON:SYNT) Price Target to GBX 250

Synthomer (LON:SYNT) had its price target upped by Jefferies Financial Group from GBX 220 ($2.82) to GBX 250 ($3.20) in a report released on Friday morning, MarketBeat.com reports. The brokerage currently has a hold rating on the stock.

Synthomer Price Performance

Synthomer stock opened at GBX 274.50 ($3.52) on Friday. Synthomer has a 1 year low of GBX 118 ($1.51) and a 1 year high of GBX 1,754 ($22.47). The company has a debt-to-equity ratio of 79.72, a quick ratio of 0.97 and a current ratio of 1.95. The firm has a 50 day moving average price of GBX 285.89 and a 200 day moving average price of GBX 224.24. The company has a market cap of £449.00 million, a price-to-earnings ratio of -228.75, a PEG ratio of -0.17 and a beta of 1.76.

Synthomer Company Profile

Synthomer plc operates as a specialty chemicals company in the United Kingdom and internationally. It operates through five segments: Performance Elastomers, Functional Solutions, Industrial Specialities, Acrylate Monomers, and Adhesive Technologies. The company offers adhesives, including PSA labels, packaging and specialty tapes, saturants, release coatings, wood working, wet glues, hygiene and contact adhesives, packaging and assembly hot melt adhesives; coatings products such as architectural, masonry, intumescent, metal, wood, soil releases, blinders, ink receptive, polyester for powder coatings, SYNTHOMER NX for coalescing agents, and SYNOLOX BEPF for glycol.