Synthomer (LON:SYNT) Earns Buy Rating from Peel Hunt

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Peel Hunt restated their buy rating on shares of Synthomer (LON:SYNT) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the company. Barclays reaffirmed an underweight rating on shares of in a research note on Thursday, July 4th. JPMorgan Chase & Co. cut their target price on National Grid from GBX 1,000 ($13.07) to GBX 960 ($12.54) and set an overweight rating on the stock in a research note on Thursday, May 23rd. Credit Suisse Group set a €50.00 ($58.14) target price on Fresenius SE & Co KGaA and gave the stock a neutral rating in a research note on Monday, May 6th. UBS Group reissued a sell rating on shares of in a research note on Monday, June 24th. Finally, Numis Securities reissued a buy rating and issued a GBX 340 ($4.44) target price on shares of BT Group in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. Synthomer presently has a consensus rating of Hold and an average price target of GBX 484.90 ($6.34).

Shares of SYNT stock opened at GBX 358.20 ($4.68) on Tuesday. The stock has a market capitalization of $1.22 billion and a PE ratio of 12.27. The business has a fifty day moving average price of GBX 370.89. Synthomer has a twelve month low of GBX 346.60 ($4.53) and a twelve month high of GBX 580.50 ($7.59). The company has a debt-to-equity ratio of 65.20, a quick ratio of 0.84 and a current ratio of 1.22.

About Synthomer

Synthomer plc operates as a specialty chemicals company in Europe, North America, Asia, and internationally. The company offers pressure-sensitive adhesives, acrylic polymers, acrylic dispersions, and other adhesives; latices for foamed bedding products and footwear; and binders for carpet applications.

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Analyst Recommendations for Synthomer (LON:SYNT)

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