Commerzbank Ag Reiterates “€39.00” Price Target for Evonik Industries AG (EVK)

Commerzbank Ag set a €39.00 ($45.35) target price on Evonik Industries AG (FRA:EVK) in a report released on Thursday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on the company. Goldman Sachs Group, Inc. (The) set a €28.00 ($32.56) target price on Evonik Industries AG and gave the company a neutral rating in a research report on Friday, July 14th. DZ Bank AG reaffirmed a neutral rating on shares of Evonik Industries AG in a research report on Friday, November 3rd. Berenberg Bank set a €33.00 ($38.37) target price on Evonik Industries AG and gave the company a buy rating in a research report on Wednesday, August 16th. Deutsche Bank AG set a €32.00 ($37.21) target price on Evonik Industries AG and gave the company a neutral rating in a research report on Friday, August 4th. Finally, BNP Paribas set a €29.00 ($33.72) target price on Evonik Industries AG and gave the company a neutral rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €33.38 ($38.81).

Shares of Evonik Industries AG (EVK) opened at €32.19 ($37.42) on Thursday. Evonik Industries AG has a one year low of €25.67 ($29.85) and a one year high of €32.97 ($38.34).

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Evonik Industries AG 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, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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