Baader Bank Reiterates “€43.00” Price Target for Fuchs Petrolub (FRA:FPE)
Fuchs Petrolub (FRA:FPE) received a €43.00 ($50.00) price objective from Baader Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Baader Bank’s price target points to a potential upside of 55.80% from the stock’s previous close.
FPE has been the topic of a number of other research reports. DZ Bank restated a “neutral” rating on shares of Fuchs Petrolub in a report on Thursday, February 20th. Berenberg Bank set a €42.00 ($48.84) target price on Fuchs Petrolub and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Nord/LB set a €37.00 ($43.02) target price on Fuchs Petrolub and gave the stock a “neutral” rating in a report on Thursday, February 20th. Warburg Research set a €35.60 ($41.40) target price on Fuchs Petrolub and gave the stock a “sell” rating in a report on Thursday, February 20th. Finally, UBS Group set a €40.00 ($46.51) target price on Fuchs Petrolub and gave the stock a “neutral” rating in a report on Monday, March 9th. Four analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Fuchs Petrolub has an average rating of “Hold” and an average price target of €37.43 ($43.52).
Shares of FRA:FPE opened at €27.60 ($32.09) on Thursday. Fuchs Petrolub has a 1 year low of €37.40 ($43.49) and a 1 year high of €44.80 ($52.09). The stock’s 50-day moving average is €34.08 and its 200 day moving average is €35.48.
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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