Synthomer PLC Given Consensus Recommendation of “Hold” by Analysts (LON:SYNT)
Synthomer PLC (LON:SYNT) has earned a consensus rating of “Hold” from the eleven brokerages that are covering the company, Analyst RN reports. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 275 ($4.68).
Shares of Synthomer PLC (LON:SYNT) opened at 230.10 on Friday. Synthomer PLC has a 1-year low of GBX 177.33 and a 1-year high of GBX 302.08. The stock’s 50-day moving average is GBX 272.9 and its 200-day moving average is GBX 255.1.
A number of analysts have recently weighed in on SYNT shares. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Synthomer PLC in a research note on Wednesday, June 18th. They now have a GBX 232 ($3.95) price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of Synthomer PLC from GBX 285 ($4.85) to GBX 288 ($4.90) in a research note on Friday, May 23rd. They now have a “neutral” rating on the stock.
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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