Synthomer PLC Receives “Neutral” Rating from BNP Paribas (SYNT)
Synthomer PLC (LON:SYNT)‘s stock had its “neutral” rating reiterated by research analysts at BNP Paribas in a report released on Tuesday. They currently have a GBX 225 ($3.77) price target on the stock. BNP Paribas’ target price would suggest a potential downside of 0.09% from the company’s current price.
A number of other analysts have also recently weighed in on SYNT. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Synthomer PLC in a research note on Tuesday. They now have a GBX 225 ($3.77) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Synthomer PLC from GBX 338 ($5.67) to GBX 314 ($5.27) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Synthomer PLC in a research note on Monday. They now have a GBX 225 ($3.77) price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 260.64 ($4.37).
Shares of Synthomer PLC (LON:SYNT) traded down 0.93% on Tuesday, hitting GBX 223.10. 140,166 shares of the company’s stock traded hands. Synthomer PLC has a 52 week low of GBX 197.00 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.
The company also recently announced a dividend, which is scheduled for Thursday, November 6th. Shareholders of record on Thursday, October 9th will be paid a dividend of GBX 3 ($0.05) per share. This represents a dividend yield of 1.31%. The ex-dividend date is Thursday, October 9th.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.