Evonik Industries (EVK) Given a €32.60 Price Target by Warburg Research Analysts

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Evonik Industries (FRA:EVK) has been given a €32.60 ($37.91) target price by analysts at Warburg Research in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price target would indicate a potential upside of 36.12% from the stock’s current price.

EVK has been the subject of a number of other reports. Credit Suisse Group set a €31.30 ($36.40) price objective on shares of Evonik Industries and gave the stock a “buy” rating in a report on Tuesday, November 27th. UBS Group set a €21.00 ($24.42) price objective on shares of Evonik Industries and gave the stock a “sell” rating in a report on Tuesday, January 22nd. Societe Generale set a €40.00 ($46.51) price objective on shares of Evonik Industries and gave the stock a “buy” rating in a report on Monday, November 12th. Macquarie set a €27.00 ($31.40) price objective on shares of Evonik Industries and gave the stock a “neutral” rating in a report on Thursday, November 29th. Finally, equinet set a €41.00 ($47.67) price objective on shares of Evonik Industries and gave the stock a “buy” rating in a report on Tuesday, November 6th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €30.68 ($35.67).

Shares of FRA:EVK opened at €23.95 ($27.85) on Tuesday. Evonik Industries has a one year low of €26.78 ($31.14) and a one year 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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