Synthomer PLC (SYNT) Given Average Recommendation of “Hold” by Brokerages
Synthomer PLC (LON:SYNT) has earned an average rating of “Hold” from the thirteen research firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 481.18 ($6.35).
Several research analysts recently weighed in on the company. Canaccord Genuity reissued a “buy” rating and set a GBX 500 ($6.60) price target on shares of Synthomer PLC in a research report on Tuesday, August 8th. Deutsche Bank AG reissued a “buy” rating and set a GBX 550 ($7.26) price target on shares of Synthomer PLC in a research report on Friday, September 29th. Barclays PLC reissued an “overweight” rating on shares of Synthomer PLC in a research report on Thursday, August 10th. Numis Securities Ltd upped their price target on Synthomer PLC from GBX 460 ($6.07) to GBX 500 ($6.60) and gave the company a “hold” rating in a research report on Wednesday, August 9th. Finally, Jefferies Group LLC reissued a “hold” rating and set a GBX 465 ($6.14) price target on shares of Synthomer PLC in a research report on Wednesday, August 9th.
The company also recently announced a dividend, which will be paid on Monday, November 6th. Shareholders of record on Thursday, October 5th will be paid a GBX 3.70 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 0.76%.
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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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