Fuchs Petrolub (FRA:FPE) received a €42.00 ($48.84) price target from equities research analysts at Berenberg Bank in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 5.79% from the company’s previous close.
A number of other brokerages have also weighed in on FPE. DZ Bank restated a “neutral” rating on shares of Fuchs Petrolub in a research report on Wednesday, October 30th. UBS Group set a €40.00 ($46.51) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a research report on Wednesday, December 4th. Kepler Capital Markets set a €41.00 ($47.67) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Independent Research set a €41.00 ($47.67) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a research report on Friday, November 1st. Finally, Bank of America set a €30.00 ($34.88) price objective on Fuchs Petrolub and gave the company a “sell” rating in a research report on Friday, September 20th. Two investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. Fuchs Petrolub currently has a consensus rating of “Hold” and an average price target of €37.09 ($43.13).
Shares of Fuchs Petrolub stock opened at €39.70 ($46.16) on Tuesday. The business has a 50-day moving average price of €38.88 and a 200-day moving average price of €34.46. Fuchs Petrolub has a twelve month low of €37.40 ($43.49) and a twelve month high of €44.80 ($52.09).
About Fuchs Petrolub
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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