Warburg Research Analysts Give Evonik Industries (EVK) a €38.70 Price Target

Evonik Industries (FRA:EVK) received a €38.70 ($46.07) target price from analysts at Warburg Research in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s target price would indicate a potential upside of 21.79% from the stock’s current price.

A number of other equities research analysts have also commented on EVK. J P Morgan Chase & Co set a €25.00 ($29.76) price objective on Evonik Industries and gave the stock a “sell” rating in a research report on Thursday, August 10th. Barclays set a €34.50 ($41.07) price objective on Evonik Industries and gave the stock a “buy” rating in a research report on Friday, September 29th. Kepler Capital Markets set a €31.00 ($36.90) price objective on Evonik Industries and gave the stock a “neutral” rating in a research report on Tuesday, November 28th. Credit Suisse Group set a €34.30 ($40.83) price objective on Evonik Industries and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Finally, Deutsche Bank set a €32.00 ($38.10) price objective on Evonik Industries and gave the stock a “neutral” rating in a research report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of €34.01 ($40.48).

Shares of Evonik Industries (EVK) opened at €31.78 ($37.83) on Monday. Evonik Industries has a 1 year low of €25.74 ($30.64) and a 1 year high of €32.97 ($39.25).

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Evonik Industries Company Profile

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries (FRA:EVK)

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