Synthomer (LON:SYNT)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 550 ($7.35) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 11.34% from the company’s current price.
Several other equities analysts also recently commented on the stock. Berenberg Bank upped their price target on shares of Synthomer from GBX 525 ($7.02) to GBX 570 ($7.62) and gave the company a “buy” rating in a report on Monday, November 6th. Credit Suisse Group reiterated an “underperform” rating and set a GBX 390 ($5.21) price target on shares of Synthomer in a report on Tuesday, November 7th. Deutsche Bank reiterated a “buy” rating and set a GBX 550 ($7.35) price target on shares of Synthomer in a report on Tuesday, November 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of Synthomer from GBX 440 ($5.88) to GBX 475 ($6.35) and gave the company a “neutral” rating in a report on Tuesday, November 7th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 489.23 ($6.54).
Synthomer (SYNT) opened at GBX 494 ($6.61) on Thursday. The company has a market cap of $1,680.00 and a PE ratio of 1,593.55. Synthomer has a fifty-two week low of GBX 370 ($4.95) and a fifty-two week high of GBX 516.37 ($6.90).
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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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