Evonik Industries (FRA:EVK) Stock Rating Reaffirmed by DZ Bank

Evonik Industries (FRA:EVK)‘s stock had its “buy” rating reaffirmed by investment analysts at DZ Bank in a note issued to investors on Monday, November 12th.

A number of other analysts also recently weighed in on EVK. UBS Group set a €27.00 ($31.40) price target on shares of Evonik Industries and gave the stock a “sell” rating in a research report on Monday, July 16th. Baader Bank set a €40.00 ($46.51) price target on shares of Evonik Industries and gave the stock a “buy” rating in a research report on Tuesday, July 17th. JPMorgan Chase & Co. set a €27.00 ($31.40) price target on shares of Evonik Industries and gave the stock a “sell” rating in a research report on Wednesday, July 18th. Goldman Sachs Group set a €32.00 ($37.21) price objective on Evonik Industries and gave the stock a “neutral” rating in a research note on Wednesday, July 18th. Finally, Commerzbank set a €39.00 ($45.35) price objective on 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, six have given a hold rating and twelve have issued a buy rating to the stock. Evonik Industries currently has a consensus rating of “Hold” and an average target price of €33.23 ($38.64).

Shares of EVK stock traded down €0.13 ($0.15) during mid-day trading on Monday, reaching €22.56 ($26.23). 1,153,152 shares of the company were exchanged. Evonik Industries has a fifty-two week low of €26.78 ($31.14) and a fifty-two week high of €32.97 ($38.34).

Evonik Industries Company Profile

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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