Synthomer Receives Consensus Recommendation of “Hold” from Analysts (LON:SYNT)
Shares of Synthomer (LON:SYNT) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the stock, AnalystRatingsNetwork.com reports. Seven equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 261.64 ($4.29).
Shares of Synthomer (LON:SYNT) traded up 0.43% on Friday, hitting GBX 279.00. 30,462 shares of the company’s stock traded hands. Synthomer has a 52 week low of GBX 167.10 and a 52 week high of GBX 290.00. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
SYNT has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Synthomer in a research note on Wednesday, January 29th. They now have a GBX 302 ($4.95) price target on the stock. Separately, analysts at Barclays raised their price target on shares of Synthomer from GBX 268 ($4.40) to GBX 300 ($4.92) in a research note on Thursday, January 23rd. They now have an “overweight” rating on the stock. Finally, analysts at UBS AG downgraded shares of Synthomer to a “neutral” rating in a research note on Friday, January 17th. They now have a GBX 280 ($4.59) price target on the stock, up previously from GBX 255 ($4.18).
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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