Evonik Industries AG (EVK) Receives Consensus Rating of “Hold” from Analysts

Evonik Industries AG (FRA:EVK) has been given a consensus recommendation of “Hold” by the twenty analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is €34.00 ($41.98).

Several analysts recently issued reports on the stock. Deutsche Bank set a €34.00 ($41.98) price target on shares of Evonik Industries and gave the company a “neutral” rating in a report on Tuesday, November 7th. Barclays set a €37.00 ($45.68) price target on shares of Evonik Industries and gave the company a “buy” rating in a report on Wednesday, January 24th. Berenberg Bank set a €37.00 ($45.68) price target on shares of Evonik Industries and gave the company a “buy” rating in a report on Tuesday, November 7th. UBS Group set a €27.00 ($33.33) target price on shares of Evonik Industries and gave the company a “sell” rating in a research note on Monday, January 22nd. Finally, Goldman Sachs Group set a €29.00 ($35.80) target price on shares of Evonik Industries and gave the company a “neutral” rating in a research note on Monday, November 6th.

Evonik Industries (FRA EVK) traded down €0.27 ($0.33) on Friday, reaching €29.36 ($36.25). 590,407 shares of the company traded hands. The firm has a market capitalization of $13,650.00 and a PE ratio of 18.70. Evonik Industries has a 1 year low of €26.78 ($33.06) and a 1 year high of €32.97 ($40.70).

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About Evonik Industries

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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