Deutsche Bank Reiterates €32.00 Price Target for Fuchs Petrolub (FRA:FPE)
Deutsche Bank set a €32.00 ($37.21) target price on Fuchs Petrolub (FRA:FPE) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the company. Independent Research set a €36.00 ($41.86) price target on Fuchs Petrolub and gave the company a neutral rating in a research report on Wednesday. Credit Suisse Group cut to a neutral rating and lifted 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. Hauck & Aufhaeuser set a €34.00 ($39.53) price target on Fuchs Petrolub and gave the company a neutral rating in a research report on Tuesday, July 9th. Nord/LB set a €64.00 ($74.42) price target on HeidelbergCement and gave the company a neutral rating in a research report on Thursday, May 23rd. Finally, HSBC set a $122.00 price target on Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. Fuchs Petrolub presently has an average rating of Hold and an average target price of €39.02 ($45.38).
Shares of FRA FPE opened at €31.70 ($36.86) on Thursday. Fuchs Petrolub has a fifty-two week low of €37.40 ($43.49) and a fifty-two week high of €44.80 ($52.09). The company has a fifty day moving average of €31.99.
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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