Commerzbank Ag Analysts Give Evonik Industries AG (EVK) a €33.00 Price Target
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).
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