Synthomer PLC (SYNT) Given Consensus Rating of “Hold” by Analysts
Synthomer PLC (LON:SYNT) has earned a consensus rating of “Hold” from the thirteen research firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 461.25 ($6.01).
Several equities research analysts have issued reports on the stock. Barclays PLC boosted their price objective on shares of Synthomer PLC from GBX 495 ($6.45) to GBX 507 ($6.61) and gave the company an “overweight” rating in a research report on Thursday, July 13th. Credit Suisse Group reissued an “underperform” rating on shares of Synthomer PLC in a research report on Thursday, March 30th. Deutsche Bank AG boosted their price objective on shares of Synthomer PLC from GBX 500 ($6.51) to GBX 525 ($6.84) and gave the company a “buy” rating in a research report on Wednesday, March 29th. Peel Hunt boosted their price target on shares of Synthomer PLC from GBX 440 ($5.73) to GBX 500 ($6.51) and gave the company an “add” rating in a report on Wednesday, April 5th. Finally, J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 368 ($4.79) price target on shares of Synthomer PLC in a report on Friday, April 28th.
In other news, insider Calum MacLean acquired 3,424 shares of Synthomer PLC stock in a transaction that occurred on Thursday, July 6th. The stock was purchased at an average price of GBX 497 ($6.47) per share, for a total transaction of £17,017.28 ($22,169.46). Also, insider Alexander G. Catto sold 950,000 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of GBX 497 ($6.47), for a total transaction of £4,721,500 ($6,150,990.10).
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Synthomer PLC (LON SYNT) traded down 0.94% on Monday, hitting GBX 495.20. 461,948 shares of the stock traded hands. Synthomer PLC has a 52-week low of GBX 339.60 and a 52-week high of GBX 516.37. The stock’s market cap is GBX 1.68 billion. The company’s 50 day moving average price is GBX 492.17 and its 200-day moving average price is GBX 467.38.
About Synthomer PLC
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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