Evonik Industries AG (FRA:EVK) has been assigned a €33.00 ($39.29) price target by stock analysts at Berenberg Bank in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock.

Several other analysts also recently issued reports on EVK. DZ Bank AG reaffirmed a “sell” rating on shares of Evonik Industries AG in a report on Saturday, May 20th. Baader Bank set a €41.00 ($48.81) price target on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Saturday, May 20th. Nord/LB set a €30.00 ($35.71) price target on shares of Evonik Industries AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Sanford C. Bernstein set a €35.00 ($41.67) price target on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Monday, May 22nd. Finally, J P Morgan Chase & Co set a €32.00 ($38.10) price target on shares of Evonik Industries AG and gave the company a “neutral” rating in a report on Tuesday, May 30th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. Evonik Industries AG presently has a consensus rating of “Hold” and a consensus price target of €31.62 ($37.64).

Evonik Industries AG (EVK) traded up 0.712% during mid-day trading on Friday, reaching €29.006. 773 shares of the company’s stock were exchanged. The firm’s 50-day moving average is €27.95 and its 200 day moving average is €29.48. The stock has a market capitalization of €13.63 billion and a PE ratio of 16.195. Evonik Industries AG has a 1-year low of €25.68 and a 1-year high of €32.20.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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