Evonik Industries (EVK) Given a €29.00 Price Target at UBS Group

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UBS Group set a €29.00 ($33.72) price objective on Evonik Industries (FRA:EVK) in a research report report published on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a sell rating on the stock.

Several other analysts have also recently weighed in on EVK. Sanford C. Bernstein set a €36.00 ($41.86) price objective on shares of Evonik Industries and gave the stock a buy rating in a research note on Tuesday. Commerzbank set a €39.00 ($45.35) price objective on shares of Evonik Industries and gave the stock a buy rating in a research note on Wednesday, July 11th. Baader Bank set a €40.00 ($46.51) price objective on shares of Evonik Industries and gave the stock a buy rating in a research note on Tuesday. JPMorgan Chase & Co. set a €27.00 ($31.40) price objective on shares of Evonik Industries and gave the stock a sell rating in a research note on Monday, September 17th. Finally, Warburg Research set a €38.00 ($44.19) price objective on shares of Evonik Industries and gave the stock a buy rating in a research note on Wednesday, July 18th. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €34.76 ($40.42).

FRA EVK opened at €27.36 ($31.81) on Tuesday. Evonik Industries has a twelve month low of €26.78 ($31.14) and a twelve month high of €32.97 ($38.34).

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

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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