Societe Generale set a €40.00 ($46.51) price objective on Evonik Industries (FRA:EVK) in a report released on Monday. The firm currently has a buy rating on the stock.

EVK has been the subject of a number of other research reports. JPMorgan Chase & Co. set a €27.00 ($31.40) price objective on Evonik Industries and gave the company a sell rating in a research note on Wednesday, July 18th. Baader Bank set a €40.00 ($46.51) price objective on Evonik Industries and gave the company a buy rating in a research note on Tuesday, May 29th. Independent Research set a €34.00 ($39.53) price objective on Evonik Industries and gave the company a neutral rating in a research note on Wednesday, July 18th. Warburg Research set a €38.00 ($44.19) price objective on Evonik Industries and gave the company a buy rating in a research note on Wednesday, July 18th. Finally, Morgan Stanley set a €38.00 ($44.19) price objective on Evonik Industries and gave the company a buy rating in a research note on Monday, July 2nd. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €34.90 ($40.58).

Shares of FRA:EVK opened at €31.77 ($36.94) on Monday. Evonik Industries has a 12-month low of €26.78 ($31.14) and a 12-month high of €32.97 ($38.34).

Evonik Industries Company Profile

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, 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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Analyst Recommendations for Evonik Industries (FRA:EVK)

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