Evonik Industries AG (EVK) Given a €33.00 Price Target by Berenberg Bank Analysts

Evonik Industries AG (FRA:EVK) has been given a €33.00 ($39.29) price objective by investment analysts at Berenberg Bank in a report released on Friday. The brokerage presently has a “buy” rating on the stock.

Several other analysts also recently weighed in on EVK. DZ Bank AG reiterated a “sell” rating on shares of Evonik Industries AG in a research report on Saturday, May 20th. Baader Bank set a €41.00 ($48.81) target price on Evonik Industries AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Nord/LB set a €30.00 ($35.71) target price on Evonik Industries AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Sanford C. Bernstein set a €35.00 ($41.67) target price on Evonik Industries AG and gave the stock a “buy” rating in a research report on Monday, May 22nd. Finally, J P Morgan Chase & Co set a €32.00 ($38.10) target price on Evonik Industries AG and gave the stock a “neutral” rating in a research report on Tuesday, May 30th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €31.62 ($37.64).

Evonik Industries AG (FRA:EVK) opened at 29.006 on Friday. The firm has a 50-day moving average of €27.95 and a 200 day moving average of €29.48. Evonik Industries AG has a one year low of €25.68 and a one year high of €32.20. The company has a market capitalization of €13.63 billion and a price-to-earnings ratio of 16.195.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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