Evonik Industries AG (FRA:EVK) received a €29.00 ($34.12) target price from BNP Paribas in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock.

A number of other research analysts also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) set a €28.00 ($32.94) target price on shares of Evonik Industries AG and gave the company a “neutral” rating in a research report on Friday, July 14th. J P Morgan Chase & Co set a €32.00 ($37.65) target price on shares of Evonik Industries AG and gave the company a “neutral” rating in a research report on Tuesday, July 11th. Deutsche Bank AG set a €32.00 ($37.65) target price on shares of Evonik Industries AG and gave the company a “neutral” rating in a research report on Tuesday, July 4th. Berenberg Bank set a €33.00 ($38.82) target price on shares of Evonik Industries AG and gave the company a “buy” rating in a research report on Friday, June 30th. Finally, Morgan Stanley set a €36.00 ($42.35) target price on shares of Evonik Industries AG and gave the company a “buy” rating in a research report on Tuesday, June 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €32.19 ($37.87).

Shares of Evonik Industries AG (FRA:EVK) opened at 30.46 on Friday. The firm has a 50-day moving average of €28.71 and a 200 day moving average of €29.47. Evonik Industries AG has a 12-month low of €25.67 and a 12-month high of €32.20. The firm has a market capitalization of €14.32 billion and a price-to-earnings ratio of 17.01.

ILLEGAL ACTIVITY NOTICE: “Evonik Industries AG (EVK) PT Set at €29.00 by BNP Paribas” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://www.watchlistnews.com/evonik-industries-ag-evk-pt-set-at-29-00-by-bnp-paribas/1612149.html.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

Receive News & Ratings for Evonik Industries AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries AG and related companies with Analyst Ratings Network's FREE daily email newsletter.