Synthomer (LON:SYNT) Receives “Buy” Rating from Peel Hunt

Synthomer (LON:SYNT)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a report issued on Tuesday,Digital Look reports. They presently have a GBX 200 price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 113.33% from the company’s previous close.

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank boosted their price target on shares of Synthomer from GBX 60 to GBX 100 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Jefferies Financial Group restated a “hold” rating and set a GBX 65 price objective on shares of Synthomer in a report on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Synthomer has an average rating of “Hold” and an average price target of GBX 109.40.

Synthomer Stock Up 5.3%

SYNT stock opened at GBX 93.75 on Tuesday. The stock has a market cap of £153.70 million, a P/E ratio of -0.98, a P/E/G ratio of -0.17 and a beta of 1.03. The company has a current ratio of 1.57, a quick ratio of 0.97 and a debt-to-equity ratio of 90.86. The stock’s fifty day simple moving average is GBX 93.98 and its two-hundred day simple moving average is GBX 64.79. Synthomer has a 1-year low of GBX 16.70 and a 1-year high of GBX 123.95.

Synthomer (LON:SYNT) last announced its earnings results on Friday, May 1st. The company reported GBX (91.90) earnings per share (EPS) for the quarter. The business had revenue of GBX 173.92 billion for the quarter. Synthomer had a negative net margin of 9.03% and a negative return on equity of 16.66%. Analysts expect that Synthomer will post 12.962963 EPS for the current year.

Synthomer Company Profile

Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide.

Headquartered in London, UK and listed on the LSE since 1971, we employ c.3,800 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.