Evonik Industries AG (FRA:EVK) received a €33.00 ($38.82) price objective from research analysts at Commerzbank Ag in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Commerzbank Ag’s price target points to a potential upside of 3.66% from the stock’s previous close.

EVK has been the topic of several other research reports. Baader Bank set a €41.00 ($48.24) price target on Evonik Industries AG and gave the company a “buy” rating in a research note on Thursday, July 20th. DZ Bank AG reissued a “neutral” rating on shares of Evonik Industries AG in a research note on Monday, October 2nd. Sanford C. Bernstein set a €33.00 ($38.82) price target on Evonik Industries AG and gave the company a “buy” rating in a research note on Tuesday, July 11th. Goldman Sachs Group, Inc. (The) set a €28.00 ($32.94) price target on Evonik Industries AG and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Finally, Berenberg Bank set a €33.00 ($38.82) price target on Evonik Industries AG and gave the company a “buy” rating in a research note on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €32.19 ($37.87).

TRADEMARK VIOLATION WARNING: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://www.americanbankingnews.com/2017/11/03/commerzbank-ag-analysts-give-evonik-industries-ag-evk-a-33-00-price-target.html.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

Receive News & Ratings for Evonik Industries AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries AG and related companies with MarketBeat.com's FREE daily email newsletter.