Synthomer PLC (LON:SYNT)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank AG in a note issued to investors on Tuesday. They presently have a GBX 550 ($7.23) price objective on the stock. Deutsche Bank AG’s price objective points to a potential upside of 10.46% from the stock’s previous close.
Several other brokerages have also recently issued reports on SYNT. Numis Securities Ltd raised their price objective on Synthomer PLC from GBX 460 ($6.05) to GBX 500 ($6.58) and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Canaccord Genuity restated a “buy” rating and issued a GBX 500 ($6.58) price objective on shares of Synthomer PLC in a research note on Tuesday, August 8th. J P Morgan Chase & Co raised their price objective on Synthomer PLC from GBX 440 ($5.79) to GBX 475 ($6.25) and gave the stock a “neutral” rating in a research note on Tuesday. Barclays PLC restated an “overweight” rating on shares of Synthomer PLC in a research note on Thursday, August 10th. Finally, Peel Hunt upgraded Synthomer PLC to a “buy” rating and raised their price objective for the stock from GBX 500 ($6.58) to GBX 550 ($7.23) in a research note on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 482.31 ($6.34).
Shares of Synthomer PLC (SYNT) opened at GBX 497.90 ($6.55) on Tuesday. Synthomer PLC has a 12 month low of GBX 339.60 ($4.47) and a 12 month high of GBX 516.37 ($6.79).
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About Synthomer PLC
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.
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