Evonik Industries AG (FRA:EVK) received a €30.00 ($35.29) target price from investment analysts at Independent Research GmbH in a report released on Tuesday. The brokerage presently has a “neutral” rating on the stock.

Other equities analysts have also issued research reports about the company. Morgan Stanley set a €36.00 ($42.35) target price on Evonik Industries AG and gave the company a “buy” rating in a research note on Tuesday, June 20th. Baader Bank set a €41.00 ($48.24) target price on Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 9th. Sanford C. Bernstein set a €35.00 ($41.18) target price on Evonik Industries AG and gave the company a “buy” rating in a research note on Monday, May 22nd. Commerzbank Ag set a €33.00 ($38.82) target price on Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 2nd. Finally, Berenberg Bank set a €33.00 ($38.82) target price on Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €32.08 ($37.74).

Evonik Industries AG (FRA EVK) opened at 27.544 on Tuesday. The company has a market cap of €12.96 billion and a PE ratio of 16.877. Evonik Industries AG has a 52 week low of €25.68 and a 52 week high of €32.20. The company has a 50-day moving average of €28.77 and a 200-day moving average of €29.94.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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