Synthomer PLC Given Hold Rating at Deutsche Bank (SYNT)
Synthomer PLC (LON:SYNT)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a GBX 245 ($4.17) price target on the stock. Deutsche Bank’s price objective points to a potential upside of 5.60% from the stock’s previous close.
Shares of Synthomer PLC (LON:SYNT) traded up 1.31% on Wednesday, hitting GBX 232.00. The stock had a trading volume of 453,390 shares. Synthomer PLC has a 52 week low of GBX 177.33 and a 52 week 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.
A number of other analysts have also recently weighed in on SYNT. 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 ($4.91) in a research note on Friday, May 23rd. They now have a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 275 ($4.68).
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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