Synthomer Given “Hold” Rating at Deutsche Bank (SYNT)
Synthomer (LON:SYNT)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 225 ($3.69) price target on the stock. Deutsche Bank’s price objective would suggest a potential downside of 20.86% from the stock’s previous close.
Shares of Synthomer (LON:SYNT) opened at 284.30 on Friday. Synthomer has a 1-year low of GBX 167.10 and a 1-year high of GBX 290.00. The stock’s 50-day moving average is GBX 242.4 and its 200-day moving average is GBX 228.3.
SYNT has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Synthomer in a research note to investors on Wednesday, December 18th. They now have a GBX 302 ($4.95) price target on the stock. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 255.36 ($4.19).
Sythomer PLC, formerly Yule Catto & Co plc, is a producer of speciality polymers. Its products combine chemical reaction and formulation, based on a range of chemistries.
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