Evonik Industries AG (FRA:EVK) has been given a €33.00 ($38.82) target price by research analysts at Berenberg Bank in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.

A number of other research analysts have also recently weighed in on EVK. DZ Bank AG reiterated a “sell” rating on shares of Evonik Industries AG in a research note on Saturday, May 20th. Baader Bank set a €41.00 ($48.24) price target on shares of Evonik Industries AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Nord/LB set a €30.00 ($35.29) price target on shares of Evonik Industries AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. Sanford C. Bernstein set a €35.00 ($41.18) price target on shares of Evonik Industries AG and gave the company a “buy” rating in a research note on Monday, May 22nd. Finally, J P Morgan Chase & Co set a €32.00 ($37.65) price target on shares of Evonik Industries AG and gave the company a “neutral” rating in a research note on Tuesday, May 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €31.54 ($37.10).

Shares of Evonik Industries AG (FRA EVK) traded down 1.051% during midday trading on Wednesday, reaching €27.409. 418 shares of the company traded hands. The company has a 50-day moving average of €28.38 and a 200 day moving average of €29.77. Evonik Industries AG has a 12-month low of €25.68 and a 12-month high of €32.20. The firm has a market capitalization of €12.88 billion and a PE ratio of 15.304.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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