Calum MacLean Purchases 3,424 Shares of Synthomer PLC (LON:SYNT) Stock
Synthomer PLC (LON:SYNT) insider Calum MacLean bought 3,424 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The shares were purchased at an average cost of GBX 497 ($6.44) per share, for a total transaction of £17,017.28 ($22,043.11).
Shares of Synthomer PLC (SYNT) opened at 482.80 on Monday. The stock has a 50 day moving average of GBX 498.14 and a 200-day moving average of GBX 455.89. Synthomer PLC has a 52 week low of GBX 329.00 and a 52 week high of GBX 516.37. The stock’s market cap is GBX 1.64 billion.
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A number of research firms recently weighed in on SYNT. Barclays PLC reaffirmed an “overweight” rating and set a GBX 495 ($6.41) target price (up previously from GBX 400 ($5.18)) on shares of Synthomer PLC in a report on Friday, March 17th. Credit Suisse Group reissued an “underperform” rating on shares of Synthomer PLC in a report on Thursday, March 30th. Deutsche Bank AG increased their price target on shares of Synthomer PLC from GBX 500 ($6.48) to GBX 525 ($6.80) and gave the stock a “buy” rating in a report on Wednesday, March 29th. Peel Hunt increased their price target on shares of Synthomer PLC from GBX 440 ($5.70) to GBX 500 ($6.48) and gave the stock an “add” rating in a report on Wednesday, April 5th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 368 ($4.77) price target on shares of Synthomer PLC in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 459.42 ($5.95).
Synthomer PLC Company Profile
Synthomer Plc is a specialty chemical company. The Company supplies aqueous polymers in various markets, including paper, carpet and foam, construction and coating, functional polymers, health and protection, specialties and other. It operates in segments, including Europe and North America and Asia and Rest of World.
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