Baader Bank Analysts Give Fuchs Petrolub (FRA:FPE) a €48.00 Price Target
Baader Bank set a €48.00 ($55.81) target price on Fuchs Petrolub (FRA:FPE) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also commented on the company. Deutsche Bank set a €230.00 ($267.44) price target on adidas and gave the company a neutral rating in a research report on Tuesday, May 7th. Independent Research set a €215.00 ($250.00) price target on Munchener Ruckvers and gave the company a neutral rating in a research report on Wednesday, May 8th. DZ Bank reiterated a neutral rating on shares of Fuchs Petrolub in a research report on Thursday, June 27th. UBS Group upped their price target on T. Rowe Price Group from $109.00 to $111.00 and gave the company a neutral rating in a research report on Monday. Finally, Credit Suisse Group lowered to a neutral rating and upped their price target for the company from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a research report on Tuesday, June 18th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €39.02 ($45.38).
Shares of FRA FPE traded down €0.30 ($0.35) during trading on Monday, reaching €31.25 ($36.34). The company had a trading volume of 24,803 shares. The company has a fifty day simple moving average of €32.03. Fuchs Petrolub has a 12 month low of €37.40 ($43.49) and a 12 month high of €44.80 ($52.09).
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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