Synthomer (LON:SYNT – Free Report) had its price target reduced by Berenberg Bank from GBX 375 ($4.79) to GBX 340 ($4.34) in a research note released on Tuesday, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.
Separately, Jefferies Financial Group raised their price objective on Synthomer from GBX 220 ($2.81) to GBX 250 ($3.19) and gave the company a hold rating in a research report on Friday, July 12th.
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About Synthomer
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.
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