Nord/LB set a €24.00 ($27.91) price target on Evonik Industries (FRA:EVK) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
EVK has been the subject of several other reports. Kepler Capital Markets set a €23.00 ($26.74) target price on Evonik Industries and gave the stock a sell rating in a research note on Tuesday, November 12th. DZ Bank reiterated a buy rating on shares of Evonik Industries in a research note on Monday, January 20th. JPMorgan Chase & Co. set a €29.00 ($33.72) target price on Evonik Industries and gave the stock a buy rating in a research note on Thursday, December 12th. Baader Bank set a €29.50 ($34.30) target price on Evonik Industries and gave the stock a buy rating in a research note on Monday, January 20th. Finally, UBS Group set a €20.00 ($23.26) target price on Evonik Industries and gave the stock a sell rating in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €28.71 ($33.39).
Shares of FRA EVK opened at €25.99 ($30.22) on Tuesday. Evonik Industries has a 12 month low of €26.78 ($31.14) and a 12 month high of €32.97 ($38.34). The stock has a 50 day moving average of €26.63 and a 200-day moving average of €24.73.
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, oleochemicals, quaternary derivatives, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.
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