Evonik Industries AG (EVK) Given a €29.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Goldman Sachs Group, Inc. (The) set a €29.00 ($34.52) price objective on Evonik Industries AG (FRA:EVK) in a report published on Friday. The firm currently has a neutral rating on the stock.

A number of other analysts have also weighed in on EVK. DZ Bank AG restated a sell rating on shares of Evonik Industries AG in a research note on Saturday, May 20th. Baader Bank set a €41.00 ($48.81) price objective on shares of Evonik Industries AG and gave the company a buy rating in a research note on Saturday, May 20th. Nord/LB set a €30.00 ($35.71) price objective on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Saturday, May 20th. Sanford C. Bernstein set a €35.00 ($41.67) price objective on shares of Evonik Industries AG and gave the company a buy rating in a research note on Monday, May 22nd. Finally, J P Morgan Chase & Co set a €32.00 ($38.10) price objective on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Tuesday, May 30th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €31.62 ($37.64).

Evonik Industries AG (FRA:EVK) traded up 0.712% on Friday, reaching €29.006. 773 shares of the company traded hands. Evonik Industries AG has a one year low of €25.68 and a one year high of €32.20. The stock’s 50 day moving average price is €27.95 and its 200 day moving average price is €29.48. The company has a market capitalization of €13.63 billion and a PE ratio of 16.195.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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