Credit Suisse Group Reiterates “€33.00” Price Target for Fuchs Petrolub (FRA:FPE)

Fuchs Petrolub (FRA:FPE) has been assigned a €33.00 ($38.37) price objective by analysts at Credit Suisse Group in a research report issued to clients and investors on Monday, February 25th. The brokerage presently has a “sell” rating on the stock. Credit Suisse Group’s price target indicates a potential downside of 6.52% from the company’s current price.

Other research analysts have also issued research reports about the stock. Berenberg Bank set a €41.00 ($47.67) price target on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a report on Monday, February 25th. DZ Bank restated a “neutral” rating on shares of Fuchs Petrolub in a report on Friday, February 22nd. Nord/LB set a €40.00 ($46.51) price target on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a report on Friday, February 22nd. Baader Bank set a €55.00 ($63.95) price target on shares of Fuchs Petrolub and gave the stock a “buy” rating in a report on Friday, February 22nd. Finally, Independent Research set a €40.00 ($46.51) price target on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a report on Friday, February 22nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. Fuchs Petrolub currently has a consensus rating of “Hold” and an average target price of €41.80 ($48.60).

FRA FPE traded down €0.75 ($0.87) during trading hours on Monday, reaching €35.30 ($41.05). The company’s stock had a trading volume of 33,354 shares. Fuchs Petrolub has a 52 week low of €37.40 ($43.49) and a 52 week high of €44.80 ($52.09).

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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Analyst Recommendations for Fuchs Petrolub (FRA:FPE)

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