Synthomer PLC (SYNT) Given Consensus Recommendation of “Hold” by Brokerages

Synthomer PLC (LON:SYNT) has been assigned a consensus rating of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 480.25 ($6.46).

SYNT has been the subject of a number of recent research reports. Deutsche Bank reaffirmed a “buy” rating on shares of Synthomer in a research report on Thursday, August 24th. Peel Hunt raised Synthomer to a “buy” rating and increased their price objective for the stock from GBX 500 ($6.73) to GBX 550 ($7.40) in a research report on Tuesday, October 31st. J P Morgan Chase & Co increased their price objective on Synthomer from GBX 440 ($5.92) to GBX 475 ($6.39) and gave the stock a “neutral” rating in a research report on Tuesday, November 7th. Berenberg Bank increased their price objective on Synthomer from GBX 525 ($7.07) to GBX 570 ($7.67) and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 390 ($5.25) price objective on shares of Synthomer in a research report on Tuesday, November 7th.

Shares of Synthomer (LON:SYNT) opened at GBX 490.30 ($6.60) on Friday. Synthomer has a 1 year low of GBX 368.30 ($4.96) and a 1 year high of GBX 516.37 ($6.95).

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Synthomer 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.

Analyst Recommendations for Synthomer (LON:SYNT)

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