Evonik Industries AG (EVK) PT Set at €25.00 by J P Morgan Chase & Co

Evonik Industries AG (FRA:EVK) has been given a €25.00 ($29.07) price target by stock analysts at J P Morgan Chase & Co in a note issued to investors on Tuesday. The firm presently has a “sell” rating on the stock. J P Morgan Chase & Co’s target price indicates a potential downside of 21.01% from the stock’s current price.

Several other brokerages have also commented on EVK. Deutsche Bank AG set a €34.00 ($39.53) price objective on shares of Evonik Industries AG and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Berenberg Bank set a €37.00 ($43.02) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a report on Tuesday, November 7th. Goldman Sachs Group, Inc. (The) set a €29.00 ($33.72) price objective on shares of Evonik Industries AG and gave the stock a “neutral” rating in a report on Monday, November 6th. Commerzbank Ag set a €39.00 ($45.35) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Independent Research GmbH set a €33.00 ($38.37) target price on shares of Evonik Industries AG and gave the stock a “neutral” rating in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €33.38 ($38.81).

Evonik Industries AG (EVK) opened at €31.52 ($36.65) on Tuesday. Evonik Industries AG has a 1 year low of €25.71 ($29.90) and a 1 year high of €32.97 ($38.34).

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Evonik Industries AG 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, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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