UBS Group set a €38.00 ($44.19) price objective on Fuchs Petrolub (FRA:FPE) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
FPE has been the topic of several other research reports. Warburg Research set a €47.00 ($54.65) price target on 1&1 Drillisch and gave the company a buy rating in a research note on Tuesday, July 2nd. Kepler Capital Markets set a €70.00 ($81.40) price target on Bayer and gave the company a neutral rating in a research note on Thursday, June 27th. Deutsche Bank set a €230.00 ($267.44) price target on adidas and gave the company a neutral rating in a research note on Tuesday, May 7th. DZ Bank reaffirmed a neutral rating on shares of Fuchs Petrolub in a research note on Thursday, June 27th. Finally, HSBC set a $122.00 price target on Tiffany & Co. and gave the company a buy rating in a research note on Friday, June 14th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €39.02 ($45.38).
Shares of FPE traded down €0.30 ($0.35) during trading hours on Monday, hitting €31.25 ($36.34). 24,803 shares of the stock traded hands. Fuchs Petrolub has a 1-year low of €37.40 ($43.49) and a 1-year high of €44.80 ($52.09). The firm has a fifty day simple moving average of €32.03.
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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