Evonik Industries (EVK) PT Set at €31.00 by Nord/LB

Evonik Industries (FRA:EVK) has been assigned a €31.00 ($36.90) target price by research analysts at Nord/LB in a report released on Friday. The firm currently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential downside of 3.11% from the stock’s previous close.

A number of other equities analysts have also weighed in on EVK. J P Morgan Chase & Co set a €25.00 ($29.76) price objective on shares of Evonik Industries and gave the company a “sell” rating in a research report on Thursday, August 10th. Barclays set a €34.50 ($41.07) price objective on shares of Evonik Industries and gave the company a “buy” rating in a research report on Friday, September 29th. Deutsche Bank set a €32.00 ($38.10) price objective on shares of Evonik Industries and gave the company a “neutral” rating in a research report on Thursday, September 28th. Credit Suisse Group set a €34.30 ($40.83) price objective on shares of Evonik Industries and gave the company a “buy” rating in a research report on Tuesday, September 26th. Finally, Kepler Capital Markets set a €31.00 ($36.90) price objective on shares of Evonik Industries and gave the company a “neutral” rating in a research report on Tuesday, November 28th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €33.75 ($40.18).

Evonik Industries (FRA EVK) opened at €32.00 ($38.09) on Friday. Evonik Industries has a 52-week low of €26.78 ($31.88) and a 52-week high of €32.97 ($39.25).

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About Evonik Industries

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 (FRA:EVK)

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