DZ Bank AG Reiterates Neutral Rating for Evonik Industries AG (EVK)
Evonik Industries AG (FRA:EVK)‘s stock had its “neutral” rating restated by investment analysts at DZ Bank AG in a research note issued to investors on Monday.
A number of other analysts also recently commented on EVK. Goldman Sachs Group, Inc. (The) set a €26.00 ($30.95) price target on shares of Evonik Industries AG and gave the stock a “sell” rating in a research report on Tuesday, June 6th. Baader Bank set a €41.00 ($48.81) price objective on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Friday, June 9th. Morgan Stanley set a €36.00 ($42.86) price objective on shares of Evonik Industries AG and gave the company a “buy” rating in a research note on Tuesday, June 20th. Berenberg Bank set a €33.00 ($39.29) price objective on shares of Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 30th. Finally, Deutsche Bank AG set a €32.00 ($38.10) target price on Evonik Industries AG and gave the stock a “neutral” rating in a report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. Evonik Industries AG currently has a consensus rating of “Hold” and an average price target of €31.79 ($37.84).
Evonik Industries AG (FRA EVK) traded up 1.108% during midday trading on Monday, hitting €30.484. The company had a trading volume of 3,438 shares. Evonik Industries AG has a 12-month low of €25.68 and a 12-month high of €32.20. The stock has a market cap of €14.33 billion and a price-to-earnings ratio of 17.021. The company’s 50 day moving average is €27.97 and its 200 day moving average is €29.45.
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