Kepler Capital Markets Analysts Give Evonik Industries AG (EVK.F) (FRA:EVK) a €29.00 Price Target


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Evonik Industries AG (EVK.F) (FRA:EVK) has been given a €29.00 ($34.12) price objective by stock analysts at Kepler Capital Markets in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 7.09% from the company’s previous close.

Several other equities analysts have also recently weighed in on the company. DZ Bank reiterated a “buy” rating on shares of Evonik Industries AG (EVK.F) in a research report on Wednesday, January 6th. Sanford C. Bernstein set a €33.00 ($38.82) price target on Evonik Industries AG (EVK.F) and gave the stock a “buy” rating in a research note on Tuesday, December 1st. The Goldman Sachs Group set a €29.00 ($34.12) price target on Evonik Industries AG (EVK.F) and gave the stock a “buy” rating in a research note on Wednesday, January 6th. JPMorgan Chase & Co. set a €28.50 ($33.53) target price on Evonik Industries AG (EVK.F) and gave the company a “buy” rating in a research note on Monday. Finally, Berenberg Bank set a €26.00 ($30.59) price target on Evonik Industries AG (EVK.F) and gave the company a “neutral” rating in a research report on Wednesday, November 11th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €27.47 ($32.31).

Shares of FRA EVK opened at €27.08 ($31.86) on Tuesday. Evonik Industries AG has a fifty-two week low of €26.78 ($31.51) and a fifty-two week high of €32.97 ($38.79). The stock has a fifty day moving average of €26.46 and a 200-day moving average of €24.15.

Evonik Industries AG (EVK.F) Company Profile

Evonik Industries AG engages in the specialty chemicals business. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, polyurethane additives, 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 products.

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Analyst Recommendations for Evonik Industries AG (EVK.F) (FRA:EVK)

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