Synthomer PLC Rating Reiterated by JPMorgan Chase & Co. (SYNT)
Synthomer PLC (LON:SYNT)‘s stock had its “underweight” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Wednesday. They currently have a GBX 232 ($3.94) price objective on the stock. JPMorgan Chase & Co.’s target price points to a potential downside of 3.93% from the stock’s previous close.
SYNT has been the subject of a number of other recent research reports. Analysts at Goldman Sachs raised their price target on shares of Synthomer PLC from GBX 285 ($4.84) to GBX 288 ($4.89) in a research note on Friday, May 23rd. They now have a “neutral” rating on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of Synthomer PLC to an “add” rating in a research note on Friday, May 2nd. They now have a GBX 300 ($5.09) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Synthomer PLC in a research note on Friday, May 2nd. They now have a GBX 338 ($5.74) price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Synthomer PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 275 ($4.67).
Shares of Synthomer PLC (LON:SYNT) traded up 1.78% on Wednesday, hitting GBX 245.80. The stock had a trading volume of 209,116 shares. Synthomer PLC has a one year low of GBX 177.33 and a one year high of GBX 302.08. The stock has a 50-day moving average of GBX 272.9 and a 200-day moving average of GBX 255.1.
Synthomer PLC is a specialty chemical Company. It is a producer of aqueous polymers. It derives its revenues from the sale of polymer products derived from petrochemical monomers.
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