Synthomer PLC Receives Average Rating of “Hold” from Analysts (LON:SYNT)
Synthomer PLC (LON:SYNT) has received an average rating of “Hold” from the eleven ratings firms that are covering the stock, American Banking News reports. 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 company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 258.70 ($4.34).
A number of analysts have recently weighed in on SYNT shares. Analysts at BNP Paribas reiterated a “neutral” 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 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. Finally, 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.
Shares of Synthomer PLC (LON:SYNT) opened at 234.30 on Monday. Synthomer PLC has a 1-year low of GBX 201.25 and a 1-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.
The company also recently announced a dividend, which is scheduled for Thursday, November 6th. Stockholders 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.
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