Evonik Industries (FRA:EVK) has been assigned a €31.00 ($36.47) target price by Kepler Capital Markets in a research note issued to investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ price target points to a potential upside of 0.26% from the stock’s current price.

Several other equities analysts also recently issued reports on EVK. Goldman Sachs Group set a €28.00 ($32.94) price objective on Evonik Industries and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Commerzbank set a €33.00 ($38.82) price objective on Evonik Industries and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Baader Bank set a €41.00 ($48.24) target price on Evonik Industries and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Deutsche Bank set a €32.00 ($37.65) target price on Evonik Industries and gave the stock a “neutral” rating in a research report on Friday, August 4th. Finally, J P Morgan Chase & Co set a €32.00 ($37.65) target price on Evonik Industries and gave the stock a “neutral” rating in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €33.38 ($39.27).

Shares of Evonik Industries (FRA:EVK) traded up €0.12 ($0.14) during midday trading on Tuesday, hitting €30.92 ($36.38). The stock had a trading volume of 304,665 shares. Evonik Industries has a fifty-two week low of €25.71 ($30.25) and a fifty-two week high of €32.97 ($38.79).

WARNING: “Evonik Industries (EVK) Given a €31.00 Price Target at Kepler Capital Markets” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/evonik-industries-evk-given-a-31-00-price-target-at-kepler-capital-markets/1731064.html.

Evonik Industries Company Profile

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries (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.