Peel Hunt cut shares of Synthomer (LON:SYNT) to a hold rating in a report published on Wednesday morning, Stock Target Advisor reports. Peel Hunt currently has GBX 360 ($4.74) price target on the stock, down from their prior price target of GBX 375 ($4.93).

SYNT has been the topic of a number of other reports. Canaccord Genuity lowered their price target on Synthomer from GBX 460 ($6.05) to GBX 450 ($5.92) and set a buy rating on the stock in a report on Wednesday, February 12th. JPMorgan Chase & Co. raised Synthomer to a neutral rating and lowered their target price for the stock from GBX 375 ($4.93) to GBX 300 ($3.95) in a report on Thursday, December 12th. Deutsche Bank lifted their target price on Synthomer from GBX 340 ($4.47) to GBX 410 ($5.39) and gave the stock a buy rating in a report on Friday, December 20th. Jefferies Financial Group started coverage on Synthomer in a report on Monday, December 16th. They set a buy rating and a GBX 375 ($4.93) target price on the stock. Finally, Berenberg Bank reaffirmed a buy rating on shares of Synthomer in a report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 399.09 ($5.25).

Shares of SYNT opened at GBX 330.40 ($4.35) on Wednesday. The firm has a market capitalization of $1.41 billion and a price-to-earnings ratio of 15.16. The company has a debt-to-equity ratio of 77.42, a quick ratio of 0.87 and a current ratio of 1.22. Synthomer has a one year low of GBX 208.02 ($2.74) and a one year high of GBX 397.29 ($5.23). The stock’s fifty day moving average is GBX 339.33 and its 200-day moving average is GBX 316.

About Synthomer

Synthomer plc operates as a specialty chemicals company in Europe, North America, Asia, and internationally. The company offers pressure-sensitive adhesives, acrylic polymers, acrylic dispersions, and other adhesives; latices for foamed bedding products and footwear; and binders for carpet applications.

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Analyst Recommendations for Synthomer (LON:SYNT)

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