Nord/LB Analysts Give Fuchs Petrolub (FPE) a €45.00 Price Target
Fuchs Petrolub (FRA:FPE) received a €45.00 ($53.57) price objective from analysts at Nord/LB in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price target would indicate a potential upside of 10.54% from the stock’s previous close.
FPE has been the topic of several other research reports. Commerzbank set a €48.00 ($57.14) target price on Fuchs Petrolub and gave the company a “neutral” rating in a research note on Thursday, November 2nd. DZ Bank reissued a “sell” rating on shares of Fuchs Petrolub in a research note on Tuesday, October 24th. Baader Bank set a €50.00 ($59.52) target price on Fuchs Petrolub and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Independent Research set a €42.00 ($50.00) target price on Fuchs Petrolub and gave the company a “sell” rating in a research note on Wednesday, October 25th. Finally, Warburg Research set a €48.00 ($57.14) price target on Fuchs Petrolub and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €45.65 ($54.35).
Fuchs Petrolub (FRA FPE) traded up €0.37 ($0.44) during trading hours on Friday, reaching €40.71 ($48.46). The company’s stock had a trading volume of 830 shares. Fuchs Petrolub has a 1 year low of €35.42 ($42.17) and a 1 year high of €44.80 ($53.33).
Fuchs Petrolub SE engages in the development, production, distribution, and sale of lubricants and related specialties worldwide. Its automotive lubricants product group includes engine oils, gear oils, shock absorber oils, motorcycle lubricants, lubricants for agricultural machinery, and service fluids; industrial lubricants and specialties product group primarily comprises metal-working fluids, corrosion preventatives, hydraulic and gear oils, greases, and other specialties; and other products group consists of toll blending, chemical process management, and trade activities.
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